Brookside Energy (AU:BRK) has released an update.
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Brookside Energy has enhanced its stake in the Flames-Maroons Development Plan wells at its SWISH Project in Oklahoma, boosting its average working interest to 70%. This move is expected to significantly increase production and revenue, as the new wells have already shown a 178% rise in gross operated production. This strategic increase in ownership underscores Brookside’s commitment to delivering value and long-term growth for its shareholders.
For further insights into AU:BRK stock, check out TipRanks’ Stock Analysis page.
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