• Major FMDP milestone achieved with the Rocket Well, the fourth and final well of the transformational FMDP multi-well development program, successfully drilled and casing cemented in place.
• Fabrication of surface production infrastructure commenced including installation of an 18-tank battery on the Sanford Pad.
• All 4 FMDP wells were drilled ahead of schedule with zero HSE incidents with completion operations expected to commence in late July/early August.
• Production and first sales anticipated by late Q3/early Q4 2024 growing Brookside’s Net production to 2,500 BOEPD (78% liquids), by Q4 2024.
• The FMDP provides a key plank underpinning Brookside’s forecast to grow net production to 6,300 BOEPD by ~Q3 2028
The wells were drilled ahead of schedule taking only 115 days to drill vs the projected drilling time of 136 days, 3 weeks ahead of schedule.
The efficient and safe drilling of these wells, ahead of schedule, is a credit to our operations team and showcases Brookside's operational capability.
good report
how mainly small oilers can say this
Ann: FMDP Drilling Completed Ahead of Schedule, page-5
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