Ankündigung • Apr 23
Brookside Energy Limited, Annual General Meeting, May 29, 2026 Brookside Energy Limited, Annual General Meeting, May 29, 2026. Location: west tower suite, sofitel melbourne on collins, 25 collins street, melbourne victoria 3000, Australia Ankündigung • Apr 12
Brookside Energy Limited, Annual General Meeting, May 29, 2025 Brookside Energy Limited, Annual General Meeting, May 29, 2025. Location: at nexia perth, level 3, 88 william street, perth wa 6000 Australia New Risk • Oct 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$1.00m (US$671.6k) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (21% accrual ratio). Market cap is less than US$10m (AU$1.00m market cap, or US$671.6k). Reported Earnings • Sep 19
First half 2024 earnings released: EPS: AU$0.001 (vs AU$0.001 in 1H 2023) First half 2024 results: EPS: AU$0.001 (in line with 1H 2023). Revenue: AU$15.4m (down 43% from 1H 2023). Net income: AU$3.17m (down 38% from 1H 2023). Profit margin: 21% (up from 19% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Oil and Gas industry in Australia. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Ankündigung • Apr 24
Brookside Energy Limited, Annual General Meeting, May 24, 2024 Brookside Energy Limited, Annual General Meeting, May 24, 2024, at 10:00 W. Australia Standard Time. Location: The University Club of Western Australia Hackett Drive, Crawley WA 6009 Perth Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 31 December 2023 together with the declaration of the Directors, the Directors' Report, the Remuneration Report and the Auditor's Report; to consider the adoption of the Remuneration Report; to consider the re-election of directors; and to consider other matters. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: AU$0.003 (vs AU$0.004 in FY 2022) Full year 2023 results: EPS: AU$0.003. Revenue: AU$51.4m (down 2.9% from FY 2022). Net income: AU$16.6m (up 10% from FY 2022). Profit margin: 32% (up from 28% in FY 2022). The increase in margin was driven by lower expenses. New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (42% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$52.4m market cap, or US$34.2m). Ankündigung • Feb 02
Brookside Energy Limited to Report Q4, 2023 Results on Feb 06, 2024 Brookside Energy Limited announced that they will report Q4, 2023 results on Feb 06, 2024 Ankündigung • Nov 02
Brookside Energy Limited and Black Mesa Energy, LLC Appoints Shane Gray as Chief Financial Officer Brookside Energy Limited announced the appointment of Mr. Shane Gray as the Chief Financial Officer (CFO) for both Brookside Energy and its subsidiary, Black Mesa Energy, LLC, located in Oklahoma. Mr. Gray will commence in the role later this month and will report to David Prentice, Brookside's Managing Director. Shane is a highly accomplished CFO with a wealth of experience in the upstream oil and gas industry. He is recognized as a results-oriented leader, renowned for his ability to drive performance and deliver tangible outcomes in areas such as organizational process enhancement, team development, and operational support. Shane boasts extensive expertise in working with private equity-backed enterprises, including his most recent role with El Toro Resources. In addition, he has a substantial background in managing mergers and acquisitions specific to the oil and gas sector, as well as preparing companies for initial public offerings. Shane Gray is a graduate of the University of Oklahoma, holding a Bachelor of Business Administration in Accounting, and is a Certified Public Accountant (CPA). He is also a member of the Council of Petroleum Accountants Societies (COPAS). Ankündigung • Oct 28
Brookside Energy Limited to Report Q3, 2023 Results on Oct 31, 2023 Brookside Energy Limited announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Sep 17
First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.001 in 1H 2022) First half 2023 results: EPS: AU$0.001 (in line with 1H 2022). Revenue: AU$26.8m (up 21% from 1H 2022). Net income: AU$5.09m (up 13% from 1H 2022). Profit margin: 19% (down from 20% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.001 loss in FY 2021) Full year 2022 results: EPS: AU$0.004 (up from AU$0.001 loss in FY 2021). Revenue: AU$53.0m (up AU$48.0m from FY 2021). Net income: AU$15.1m (up AU$17.7m from FY 2021). Profit margin: 28% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Independent Director Richard Homsany was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Feb 15
Brookside Energy Limited Provides Update on Operations from Brookside's Phase Two Development Drilling in the SWISH Area of Interest Brookside Energy Limited provided shareholders and investors with an update on operations from Brookside's Phase Two development drilling in the SWISH Area of Interest (AOI) in the world-class Anadarko Basin, the high-impact Wolf Pack 36-25-1S-4W SXH 2 Well (Wolf Pack Well). Present Operations: Circulation of drilling fluids to clean-up and remove any remaining debris from the milling of the isolation plugs and stimulation process is underway and proceeding as planned. Operations to connect the Wolf Pack location to a gas sales pipeline and a sales meter are underway. Work to lay and test major flowlines and set the tank battery and separator equipment is now underway. All operations were completed on schedule, safely and without incident. Activity Planned: Finalise the installation and testing of all surface production facilities and commence flow-back through the permanent production facilities. Ankündigung • Feb 03
Brookside Energy Limited Announces Wolf Pack Completion Operations Update Brookside Energy Limited provided shareholders and investors with an update on operations from Brookside's Phase Two development drilling in the SWISH Area of Interest (AOI) in the world-class Anadarko Basin, the high-impact Wolf Pack 36-25-1S-4W SXH 2 Well (Wolf Pack Well). Snubbing unit was mobilised and successfully milled out the isolation plugs used for each stimulation stage. The snubbing unit was subsequently rigged down and demobilised with preparations commenced for well clean-up. All operations were completed on schedule, safely and without incident. Preparing for circulation of drilling fluids to clean-up and remove any remaining debris from the milling of the isolation plugs and stimulation process prior to the commencement of flow-back operations. The well will be flowed to temporary facilities on location as the stimulation fluids start to be recovered. Temporary facilities used during this initial flow-back phase are specifically designed to remove sand and other debris. The Wolf Pack Well is a Black Mesa Energy, LLC (a controlled subsidiary of Brookside) operated well that is being drilled by Latshaw Rig 12 in Stephens County, Oklahoma. The well was drilled as a mid-length horizontal well targeting the Sycamore Formation at an average depth of ~9,750 feet. The well was drilled to a total measured depth of ~17,260 feet, with ~7,500 feet of lateral section drilled in the Sycamore that was cased with production tubing to be perforated and treated to allow production of oil and rich gas. Ankündigung • Jan 24
Brookside Energy Limited Provides Juanita Well Operations Update Brookside Energy Limited provided shareholders and investors with an update on activity from Brookside's expanded Bradbury Area of Interest (AOI) located within the Arbuckle Uplift Ardmore Basin in Oklahoma. Present Operations Drilling of the Juanita Well has successfully reached total depth (TD) of ~6,350 feet. Extensive oil shows and elevated gas readings were observed at all ten potential reservoirs. Preparations have begun to commence wireline logging operations to acquire a full suite of logs across these target zones. Activity Planned: Run a full logging suite, and subject to results, commence operations to run and set production casing. Ankündigung • Jan 19
Brookside Energy Limited Provides Wolf Pack Well Completion Operations Brookside Energy Limited provided shareholders and investors with an update on operations from Brookside's Phase Two development drilling in the SWISH Area of Interest (AOI) in the world-class Anadarko Basin, the high-impact Wolf Pack 36-25-1S-4W SXH 2 Well (Wolf Pack Well). Present Operations: Multi-stage hydraulic stimulation of the Wolf Pack Well has been successfully completed, with all stages completed and the reservoir successfully stimulated in accordance with post drill completion design. Demobilisation of the stimulation crew and equipment has now commenced, and the team are now focussed on the next stage of operations, beginning with milling out of the isolation plugs. Activity Planned: Continue demobilisation of stimulation crew and equipment, and preparation for milling out the isolation plugs. Once the isolation plugs have been milled out, operations will get underway to circulate drilling fluids and clean-up the well prior to flowback. About the Wolf Pack Well: The Wolf Pack Well is a Black Mesa Energy, LLC (a controlled subsidiary of Brookside) operated well that was drilled by Latshaw Rig 12 in Stephens County, Oklahoma. The well was drilled as a mid-length horizontal well targeting the Sycamore Formation at an average depth of ~9,750 feet. The well was drilled to a total measured depth of ~17,260 feet, with ~7,500 feet of lateral section drilled in the Sycamore that was cased with production tubing to be perforated and treated to allow production of oil and rich gas. Ankündigung • Jan 17
Brookside Energy Limited Provides Juanita Well Operations Update Brookside Energy Limited provided shareholders and investors with an update on activity form Brookside's expanded Bradbury Area of Interest (AOI) located within the Arbuckle Uplift Ardmore Basin in Oklahoma. Present Operations: Mobilisation of Dan D Drilling Rig 7 has been completed with the rig set-up and tested prior to commencement of drilling. Re-entry of the Juanita Well has commenced, currently drilling at approximately 3,500 feet. Activity Planned: Continue drilling to target depth. Logging of the ten potential reservoirs. The Juanita Well is a low-cost vertical well operated by Black Mesa, LLC (a controlled subsidiary of Brookside) and being drilled by Dan D Drilling Rig 7 in the Bradbury AOI. The Juanita Well will be drilled as a vertical well to a true vertical depth (TVD) of approximately 6,450 feet. The Juanita Well is targeting ten potential oil reservoirs, including zones from within the highly productive Simpson Group, all of which are proven producers in the area, with mean cumulative production from vertical wells in the Bradbury AOI of approximately 130 MBO per well, including a 744 MBO producer less than a mile east of the Juanita Well location. Ankündigung • Jan 05
Brookside Energy Limited Provides Juanita Well Operations Update Brookside Energy Limited provided shareholders and investors with an update on activity form Brookside's expanded Bradbury Area of Interest (AOI) located within the Arbuckle Uplift Ardmore Basin in Oklahoma. Present Operations: Mobilisation of Dan D Drilling Rig 7 is expected to commence this week. This rig was identified by the Black Mesa team as meeting the requirements to operate in the encountered pressure regime following the temporary suspension of drilling operations due to over-pressure. The Juanita Well was temporarily suspended at the end of November 2022 after encountering an over-pressured zone in the sandstones of the Springer Group at approximately 3,500 ft TVD until a rig capable of operating more efficiently at these pressures could be mobilised. Oil shows and elevated gas readings had already been observed in the Sycamore formation, the first of ten targeted potential reservoirs. Activity Planned: Post completion of mobilisation, the rig will be set-up and tested, with drilling of the Juanita Well expected to recommence during the week of 9 January 2023. The Juanita Well is a low-cost vertical well operated by Black Mesa, LLC (a controlled subsidiary of Brookside) and being drilled by Dan D Drilling Rig 7 in the Bradbury AOI. The Juanita Well will be drilled as a vertical well to a true vertical depth (TVD) of approximately 6,450 feet. The Juanita Well is targeting ten potential oil reservoirs, including zones from within the highly productive Simpson Group, all of which are proven producers in the area, with mean cumulative production from vertical wells in the Bradbury AOI of approximately 130 MBO per well, including a 744 MBO producer less than a mile east of the Juanita Well location. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non Executive Chairman Mike Fry was the last independent director to join the board, commencing their role in 2004. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 15
First half 2022 earnings released: EPS: AU$0.001 (vs AU$0.001 loss in 1H 2021) First half 2022 results: EPS: AU$0.001 (up from AU$0.001 loss in 1H 2021). Revenue: AU$22.1m (up AU$21.7m from 1H 2021). Net income: AU$4.50m (up AU$6.62m from 1H 2021). Profit margin: 20% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non Executive Chairman Mike Fry was the last independent director to join the board, commencing their role in 2004. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 02
Full year 2021 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in FY 2020) Full year 2021 results: AU$0.001 loss per share. Revenue: AU$4.95m (up AU$4.59m from FY 2020). Net loss: AU$2.61m (loss widened 7.2% from FY 2020). Combined production Oil equivalent production: 0.089 MMboe Reported Earnings • Sep 15
First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020) First half 2021 results: Net loss: AU$2.12m (loss widened 43% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Reported Earnings • Mar 30
Full year 2020 earnings released: AU$0.002 loss per share (vs AU$0.001 profit in FY 2019) Full year 2020 results: Net loss: AU$2.44m (down 366% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 10
Brookside Energy Limited Announces Executive Changes Brookside Energy Limited announced that Mrs. Loren King has resigned as Company Secretary and that Ms. Katherine Garvey has been appointed as Company Secretary, effective on and from 9 October 2020. Ms. Garvey is an experienced corporate and commercial lawyer and company secretary, with significant experience acting for listed public companies. Ankündigung • Aug 26
Brookside Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 0.758615 million. Brookside Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 0.758615 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 151,722,983
Price\Range: AUD 0.005
Transaction Features: Rights Offering 
