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Brookside Energy secures drilling rig for much anticipated high-impact Jewell Well operations

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Brookside Ltd (ASX:BRK) (OTCMKTS:RDFEF) is making strong progress in preparation for drilling of the much anticipated high-impact Jewell 1-13-12 SXH well in the SWISH Area of Interest (AOI) within Oklahoma’s world-class Anadarko Basin.

Controlled subsidiary Black Mesa Energy, LLC, has executed an IADC Drilling Bid Proposal and Daywork Drilling Contract with Oklahoma-based Latshaw Drilling Company – one of the largest and most successful privately held drilling contractors in the US. 

The contract is to supply and operate Latshaw Rig 14 the drilling of the Jewell Well, under the supervision of the Black Mesa team. 

With a rig now secured and the pad works nearing completion, the team is working diligently to lock down agreements with other key service providers.

Experience in Anadarko Basin

Latshaw’s local experience, personnel, equipment and considerable experience drilling in the Anadarko Basin is set to benefit Brookside’s high-impact Jewell 1-13-12 SXH well.

Brookside managing director David Prentice said: “We are absolutely delighted to be partnering with a highly experienced company of the quality and reputation of Latshaw for the drilling of the Jewell Well. 

“We have been fortunate to have observed the work of Latshaw’s rigs and their high-quality people and equipment operating on the ground drilling horizontal wells in the SWISH AOI and look forward to working with them on this well and as we move forward with the development of our DSU’s in the future.” 

Rig exceeds specifications

Rig 14 is currently in Stillwater Oklahoma, around 140 miles NNE of the Jewell Drilling Spacing Unit (DSU), with mobilisation to the multi-well all-weather pad in Carter County to commence as soon as possible.

The rig meets and exceeds the specifications required to drill the Jewell Well on time and on budget while complying with all HSE requirements.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/945531/brookside-energy-secures-drilling-rig-for-much-anticipated-high-impact-jewell-well-operations-945531.html


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