Brookside Energy Limited

In the Anadarko Basin, the working assumption was one, occasionally two, long laterals; in the Cherokee play, now there are three per unit. bit.ly/4hm9Pqa #energy #oilandgas #oklahoma #cherokee #EFT

$BRK Brookside Energy has commenced drilling operations at the Suttles Pad, with Sabres the first of 2 operated horizontal wells in the SWISH AOI. View the ASX announcement for details: bit.ly/3T4snRO @BrooksideEnergy #ASX #BRK #Energy #OilAndGas

@BrooksideEnergy Great to see operations underway at the Sabres Well. The rig is on location at the Suttles Pad, and Brookside is moving forward with another operated well in its SWISH development program. This is what we are built to do: convert operated inventory into production, cash flow and value per share. The work starts well before spud. Land, subsurface, regulatory, permitting, pad construction, facilities and takeaway all have to line up before the rig arrives. From here, execution drives the outcome. Operate safely. Keep cycle times tight. Bring the well online efficiently. Grow Production. Build Scale. Return Capital. #BrooksideEnergy #SWISH #AnadarkoBasin #Energy #OilAndGas

$BRK – Drilling now underway at the Suttles pad, SWISH AOI, Oklahoma. • Sabres well targets Sycamore Formation, 1.5-mile lateral • 70% working interest Efficient production transition planned. go.relait.co/95rhsha3 #ASXBRK #BrooksideEnergy #OilAndGas #SWISH #Oklahoma #Energy

$BRK – Buy-back update: 1.90M shares acquired (2% of cap), 4.25% of FY2025 EBITDA, funded from cash flow. Total 6.9M shares (7% of post-consol cap) now bought back. Buy-back paused pending US ADS listing. go.relait.co/6zayv37y #BrooksideEnergy #ShareBuyback #ASX #OilAndGas #Investors #CapitalReturn

Consistent feedback from trading desks has been that geopolitical volatility had paralyzed generalist funds from deploying and that at least in Canada, meaningful sidelined buying power exists, waiting for "the day after." The investment thesis was never the spike to $150+ on tank bottoms and the depletion of the US SPR, it was then and remains now a sector discounting ~$65WTI with what we think will be a fundamental floor of ~$80 given: 🛢️record low inventories that will continue to fall further (regional tank bottoms + US SPR at/near operational minimum levels) 🛢️~0.45MM Bbl/d of new demand for the next 3 years to restock depleted inventory + likelihood of increases to SPR targets 🛢️productive capacity challenges with 80% of most production coming online within 1-4 months but "the last 20% is the hardest" = >2MM Bbl/d 🛢️A Strait of Hormuz under IRGC control will never return to pre-war levels and partial workarounds will take years 🛢️ Reasonable to think some element of a political risk premium?!? 🛢️$74WTI = yellow light now for US shale? Inventory challenges only accentuated under growth mode 🛢️pre-UAE joining the non-OPEC ranks, non-OPEC production was forecasted to be peaking in 2026 🛢️pre-war, UAE adjusted, OPEC spare capacity was only ~1.35MM Bbl/d half of that is 100% reliant on the SofH

Takeaways from spending a day with some of the smartest energy people on the planet: 🛢️ The risk of a US product export ban is real if the national average gasoline price hits ~$5/gallon 🛢️the most important questions to come up at dinner were "how does this end?" and "why would Iran give up the Strait at this point?" 🛢️base expectation broadly is the Strait will NOT reopen soon as neither party is feeling enough pressure and both sides believe they are winning - military reopening not politically palatable and lacks European buy-in (you broke it, you fix it) 🛢️I believe the Kuwaitis, Saudis, and Emiratis will NOT ship through the Strait under an Iranian toll system. Incremental workarounds underway with more to come but will take years...Strait oil exports will never reach past levels 🛢️many expect US tank bottoms in July and US SPR to approach minimum operating levels in July/August (!) - the US has front-loaded emergency responses not having expected the closure to last as long as it has and now has limited recourse after July - Presidential jawboning has made the imbalance worse as demand has not yet been impacted. Regional product shortages are being masked (bring your own jet fuel) 🛢️skepticism around available data - China believed to be drawing from SPR even though satellite data does not show and Strait voyages OUT believed to be potentially higher than reported 🛢️how long will it take for production to recover? Weeks/month for majority (~80%) for KSA, UAE, Kuwait, the last 20% is the hardest, and big question mark for Iraq (~2.9MM Bbl/d shut-in) given geology and bureaucracy 🛢️biggest reason why the expected shortage has been delayed? Chinese drop in imports of ~4.0MM Bbl/d leveraging their SPR. Much skepticism around reported demand "destruction" of 5MM Bbl/d 🛢️Net/net: bullish near-term oil price with significant frustration on price action. "New normal" ahead with energy security priority 1, 2, and 3 = increased influence of Western Hemisphere (ie. Canada if we seize it). Many oil stocks discounting <$65WTI with an expected floor price of $75-$80 in 2027+

Most asymmetric oil trade since the COVID lows of April 2020??? Total and complete market apathy while both Exxon and Chevron say we are IMMINENTLY facing an oil price spike/shock.

Energy investors should want a deal. Let's hope the "imminent deal" headlines are actually real, unlike the now 70th time in 2 months. The induced volatility/oil price suppression via social media is paralyzing flows into the sector and I believe there is a lot of buying power waiting on the sidelines for "the deal", with investors aware of the structural bull market ahead and hoping for a buying opportunity, suggesting any dip will be sharp, shallow, and bought.

$BRK – SWISH AOI pad set for two new wells - 20" conductor installed, site and vendors ready - Production facility work underway Positions us for further growth and value. go.relait.co/599ycyjx #OilAndGas #ASX #Energy #ProductionGrowth #Anadarko #SWISH #BrooksideEnergy

$BRK Brookside Energy has now secured more than 40% of its initial strategic leasehold objective at Riverbend in Oklahoma. Current work remains focused on leasehold capture, development planning and evaluating additional acreage across the broader fairway. @BrooksideEnergy #ASX #Energy

*Disseminated on behalf of @BrooksideEnergy (ASX: BRK) 🛢️ BRK is ramping up oil production in the U.S., and we expect record revenue this year driven by higher production and stronger oil prices amid geopolitical tensions. 💸 Its low-cost structure supports resilient profitability even if oil prices normalize. 🔎 The company is pursuing an NYSE American listing, which should broaden its investor base and improve liquidity. 💻 Subscribe to access the full report and valuable analyst insights — including our financial outlook and fair valuation analysis at researchfrc.com/plans. ❗️Limited time spring offer with code SPRING50 to get 50% off Premium Memberships. *Based on a report dated May 4, 2026 *Past performance is not indicative of future results. #StockMarketResearch #Investing #EquityResearch

The United States' energy super power is natural gas. @SecretaryWright: “If you look at the last 15-20 years, the fastest growing energy source in the world is natural gas. The demand for natural gas is insatiable right now.”

$BRK Brookside Energy has secured more than 40% of its initial strategic leasehold objective at Riverbend in Oklahoma as it advances leasing, title review and development planning to support future reserve-definition activity. @BrooksideEnergy #ASX #OilAndGas #EnergyStocks marketopen.com.au/brookside-ener…

$BRK Brookside Energy has secured more than 40% of its initial strategic leasehold objective at Riverbend in Oklahoma as it advances leasing, title, regulatory and development planning for a future operated development pathway. @BrooksideEnergy #ASX #BRK #OilAndGas #Energy #AnadarkoBasin

Ninepoint Energy Strategies Weekly Update: "the investment case is not that oil is going to spike to $200/bbl, it is that many oil stocks are discounting oil in the $60's and we think the new floor is $80WTI offering a meaningful rerate potential":

"A lot of people on our staff want to live in Oklahoma. They choose it. They believe it's a great place for their family to live." Thank you to Crawley Petroleum's Martha Tracey and Linda Shirley for reminding us our state is an attractive place to live, grow and thrive. ✅

Great to catch up with @AndrewScottTV again, providing shareholders and investors with an overview of the 1Q2026 results and near term catalysts for @BrooksideEnergy.

"We've got world-class resources, we've got skilled people and we've got a great support system from the regulatory side." There's just ONE Oklahoma, and there's a lot to be excited about. 🙌