Brookside Energy Limited · ASX:BRK
Brookside Energy — Investor Presentation (July 2021)
18 slides from Brookside Energy's investor presentation, Jul 22, 2021
Slide 1: Investor Presentation July 2021
For personal use only Investor Presentation July 2021 brookside-energy.com.au ASX: BRK, FSE: 8F3
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and For personal use only assumptions, which are outside the control of Brookside Energy Limited (“Brookside Energy” or “t
Slide 3: Brookside - A Boutique Energy Company
BROOKSIDE - A BOUTIQUE ENERGY COMPANY For personal use only Small • Small standalone developments standalone developments • Low capital requirements • Quick return of invested capital, Quick return ~12-14 months at current of capital, fast Low capital • Small environmental footprint, commodity price
Slide 4: Focusing Today on a Better Tomorrow
FOCUSING TODAY ON A BETTER TOMORROW Responsible Business Practices Corporate Governance & Business Ethics For personal use only 1. Diversity and independence of the board of directors 2. Transparency and accountability 3. Executive compensation and bonuses tied to metrics that drive long-term busine
Slide 5: Brookside's Three Pillars
BROOKSIDE’S THREE PILLARS For personal use only
Slide 6: Corporate Overview
CORPORATE OVERVIEW For personal use only Capital Structure Market Capitalization ~A$77m ASX: BRK (FPO’s). ~2,977,000,000 ASX: BRKOB ~1,575,000,000 Cash1. ~A$10m Land Holdings ~3,400-acres Prospective Resources 11,606,000 BOE 1. As at 30 March 2021 Shareholder Mix 6
Slide 7: Corporate Structure and Teams
CORPORATE STRUCTURE AND TEAMS Black Mesa Energy, LLC1 For personal use only Brookside Energy Limited David Prentice (Managing Director) Chris Girouard (President & Experienced resources sector executive with 15-plus years commercial E&P sector experience in the US mid-continent. Successfully grew E&
Slide 8: Focused on the Anadarko Basin
FOCUSED ON THE ANADARKO BASIN SCOOP & STACK Plays, Anadarko Basin, Oklahoma For personal use only Proven Oil & Gas Plays in a world-class basin Rates of return competitive with the very best shale plays in North America Highly sought-after Sycamore-Woodford trend in southern SCOOP Play (Brookside’s
Slide 9: Exploitation Not Exploration
EXPLOITATION NOT EXPLORATION Productivity of Target Reservoirs Defined by Decades of Development For personal use only 1 Initial phase of vertical development 2 Infill phase of vertical development 3 Open-Hole horizontals on flanks of anticline, no stimulation 4 Current exploitation phase incorporat
Slide 10: Initial Development - Jewell DSU
INITIAL DEVELOPMENT - JEWELL DSU Type Curve - Jewell 13-12-1S 3W SXH1 Well (Base Case) For personal use only Asset Jewell 1-13-12 SXH Product Oil and Gas Well Type Horizontal Multi-Stage Completion Lateral length 7,100 feet Basin Anadarko Play & Location SCOOP Play, Carter County, Oklahoma Operator
Slide 11: Jewell Well Overview
JEWELL WELL OVERVIEW Hunsucker 11-1 Surface operations use only Hunsucker 11-1 Well 11-1S-3W Carter Co. API: 35019219380000 Surface casing cemented in wellbore 372 feet gross For personal SYCAMORE ~7500 ft Multistage stimulation Hunsucker 11-1: Core imagery shows a highly fractured target Sycamore i
Slide 12: Timeline & News Flow
TIMELINE & NEWS FLOW For personal use only 12
Slide 13: Proven by Neighbouring Production
PROVEN BY NEIGHBOURING PRODUCTION Significant Activity with Results Exceeding Expectations For personal use only *Estimated initial production (IP) 13
Slide 14: Operated Position - Core of Southern SCOOP
OPERATED POSITION - CORE OF SOUTHERN SCOOP Highly Sought-After Sycamore-Woodford Trend For personal use only • Control and operations on three DSU’s (Jewell, Flames and Rangers) • Jewell DSU – 880 acres, Sycamore & Woodford Unit • Jewell 13-12-1S 3W SXH1 well – the first operated well to be drilled
Slide 15: SWISH AOI Prospective Resource
SWISH AOI PROSPECTIVE RESOURCE Confirms Very High Potential of Anadarko Basin Acreage For personal use only • 11,606,000 net barrels of oil equivalent (BOE) Prospective Resource attributable to Brookside’s SWISH AOI in the southern part of the SCOOP Play (refer to ASX release of 17 November 2020 for
Slide 16: Producing Property Acquisitions
PRODUCING PROPERTY ACQUISITIONS Orion Project Joint Venture For personal use only • Partners fund costs associated with the Joint Venture (acquisition and workover costs) on a 50/50 basis • Acquiring producing properties and associated HBP acreage • Focus on Natural Gas weighted mature production fr
Slide 17: Land and Leasing
LAND AND LEASING Low-risk, High-return and Scalable For personal use only Acquire Upgrade Re-value Monetize Re-invest Identify an opportunity, Consolidate acreage to build a Secondary market transactions Sell upgraded and Use sale proceeds to start with the quality of core high-grade operated establ
Slide 18: For personal use only
For personal use only ASX:BRK Suite 9, 330 Churchill Avenue Subiaco WA 6008 p: +61 8 6489 1600 w: brookside-energy.com.au David Prentice Managing Director david@brookside-energy.com.au https://www.linkedin.com/in/david-prentice-a3324b22 Gracjan Lambert Executive General Manager Commercial gl@brooksi