Highlights

  • Brookside Energy continued development activities across its Oklahoma oil and gas Assets during 2026.
  • The company progressed a two-well drilling programme at the Suttles pad within the SCOOP/STACK play.
  • The Sabres well was drilled and cased, while the Whalers well progressed through drilling activities.
  • Brookside Energy holds interests in unconventional oil, Natural Gas and natural gas liquids assets.
  • Future updates will focus on well completion, production outcomes and operational performance.

Brookside Energy Limited (ASX:BRK) is an oil and gas exploration and production company focused on assets within Oklahoma’s Anadarko Basin. During 2026, the company continued advancing its Suttles pad development programme, with drilling activities forming a key part of its operational strategy.

Suttles Pad Drilling Programme

Brookside Energy progressed a two-well drilling programme at the Suttles pad during 2026. The programme forms part of the company’s development activities within the SCOOP/STACK play of Oklahoma’s Anadarko Basin. The company prepared production facilities and associated infrastructure before drilling commenced, supporting the transition from planning activities into operational execution.

Sabres and Whalers Well Progress

The company reported that drilling and casing of the Sabres well was completed during August 2026. The well reached a measured depth of approximately 4,328 metres, with production casing cemented to the bottom and pressure testing completed. Following this activity, the drilling rig moved to the Whalers well, which targeted another geological formation within the Suttles pad area.

Asset Position and Operations

Brookside Energy focuses on unconventional oil, natural gas and natural gas liquids production opportunities in Oklahoma. The company holds working interests in its development areas and continues to progress drilling activities aimed at evaluating and developing its acreage position.

Completion and Production Activities

Following completion of drilling activities, the company planned fracture stimulation of both wells before moving towards production. Surface infrastructure, including production facilities and a tank battery, was progressed alongside drilling operations. Future production information will provide further insight into the performance of the completed wells.

Share Buy-Back Programme

During 2026, Brookside Energy also conducted an on-market share buy-back programme. The company reported purchases of shares under the programme, which was separate from its operational development activities. Share buy-backs affect the number of shares on issue and form part of corporate Capital management activities.

Operational Considerations and Risks

Oil and gas development activities involve operational, technical and Commodity market risks. Drilling results may vary, completion activities can encounter technical challenges and development costs may change. Brookside Energy’s future performance will depend on successful well completion, production results, commodity prices and ongoing capital management.

Future Monitoring Areas

Future company announcements may provide updates on fracture stimulation, initial production results, quarterly financial information and additional development activities. Monitoring well performance and operational milestones will provide further information on the progress of the Suttles pad programme.

Key Insights

Brookside Energy’s 2026 activities demonstrate continued development of its Oklahoma oil and gas portfolio through targeted drilling activities. The Suttles pad programme represents an important operational phase, moving assets from drilling preparation towards potential production. Future disclosures will provide further information on well performance, production outcomes and broader Business developments.