Brookside Energy Limited · ASX:BRK
Brookside Energy — Investor Presentation (October 2021)
19 slides from Brookside Energy's investor presentation, Oct 22, 2021
Slide 1: Investor Presentation
Investor Presentation October 2021 Jewell Well Exceeding Expectations, Provides Strong Platform for Growth brookside-energy.com.au ASX: BRK OTC Pink: RDFEF 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 assumptions, which are outside the control of Brookside Energy Limited (“Brookside Energy” or “the Company”). These ri
Slide 3: Brookside - A Boutique Energy Company
BROOKSIDE - A BOUTIQUE ENERGY COMPANY Focusing Today on a Better Tomorrow Small • Small standalone developments standalone developments • Low capital requirements • Quick return of invested capital, Quick return less than 12 months at current of capital, fast Low capital to first requirements • Smal
Slide 4: Brookside's Three Pillars
BROOKSIDE’S THREE PILLARS ASX: BRK Working with local communities to ensure fle sustainable growth) ang Value! lon through the safe and efficient development of. energy aSSets” Operated Ch Drilling AS i 8p Land & PDP Leasing Acquisitions
Slide 5: Corporate Overview
CORPORATE OVERVIEW Capital Structure Brookside Energy Limited 12-Month Share Price Performance Market Capitalization ~A$93m ASX: BRK ASX: BRK (FPO’s). ~3,338,700,000 OTC Pink: RDFEF ASX: BRKOB ~1,659,000,000 FSE: 8F3 Cash ~A$12.0m Land Holdings ~3,400-acres Prospective Resources 11,606,000 BOE1. Sha
Slide 6: Corporate Structure and Teams
CORPORATE STRUCTURE AND TEAMS Brookside Energy Limited Black Mesa Energy, LLC1 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&P start-up Red COO) Fo
Slide 7: Focused on the Anadarko Basin
FOCUSED ON THE ANADARKO BASIN SCOOP & STACK Plays, Anadarko Basin, Oklahoma 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 SWISH AOI) has become
Slide 8: Exploitation Not Exploration
EXPLOITATION NOT EXPLORATION Productivity of Target Reservoirs Defined by Decades of Development 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 incorporating horizontal drillin
Slide 9: Proven by Neighbouring Production
PROVEN BY NEIGHBOURING PRODUCTION Significant Activity with Results Exceeding Expectations 9
Slide 10: First Development Well - Jewell DSU
FIRST DEVELOPMENT WELL - JEWELL DSU Jewell 13-12-1S 3W SXH1 Well – Confirms High Quality SWISH AOI Acreage May – Jewell Well spudded June – Target measured depth reached July – Production facilities completed August – Multi-stage stimulation completed September – Flow-back operations commenced Octob
Slide 11: Second Development Well - Rangers DSU
SECOND DEVELOPMENT WELL - RANGERS DSU Rangers Well – Second well in a 20+ well Drilling Inventory Second operated well to be drilled by Brookside First well in the Rangers DSU Kenai Rig 18 contracted for Rangers drilling • New generation rig, more power, longer laterals • Rig 18 is hot, curren
Slide 12: 5-Year Development Program, 20+ Wells
5-YEAR DEVELOPMENT PROGRAM, 20+ WELLS Highly Sought-After Sycamore-Woodford Trend JEWELL DSU RANGERS DSU FLAMES DSU 2022 Plan 1st BRK well drilled 2nd BRK well to be drilled 3rd BRK well to be drilled Currently being finalised Drilled, completed & producing Pad under construction Pad location identi
Slide 13: Existing Mature Production
EXISTING MATURE PRODUCTION Long-Life, Low-Decline, Natural Gas Weighted Generating circa A$600,000 per quarter operating cashflow STACK Play non-operated wells • 16 producing wells with development upside SCOOP Play non-operated wells • 10 producing wells including an interest in a highly succ
Slide 14: Land and Leasing
LAND AND LEASING Low-risk, High-return and Scalable 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 establish early acreage valu
Slide 15: Producing Property Acquisitions
PRODUCING PROPERTY ACQUISITIONS Orion Project Joint Venture • 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 from vertical wells with
Slide 16: Brookside Energy Limited
Brookside Energy Limited 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@brookside-en
Slide 17: Appendix
Completion Operations Underway Jewell Well, Carter County, Oklahoma August 2021 APPENDIX
Slide 18: Focusing Today on a Better Tomorrow
FOCUSING TODAY ON A BETTER TOMORROW Responsible Business Practices Corporate Governance & Business Ethics 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 business value Finance, Stra
Slide 19: Glossary
GLOSSARY APO WI After pay-out working interest AFIT After Federal Income Tax AOI Area of Interest BBL Barrel BFIT Before Federal Income Tax BOE Barrels of Oil Equivalent BOEPD Barrels of Oil Equivalent Per Day BOPD Barrels of Oil Per Day BPD Barrels Per Day COPAS Council of Petroleum Accountants Soc
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