Brookside Energy : Investor Presentation July 2022

For personal use only

Premium US Focused Producer

SparkPlus AussieEquitiesDay

July 2022

brookside-energy.com.au

ASX: BRK

OTC Pink: RDFEF

For personal use only

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 risks, uncertainties and assumptions include commodity prices, currency fluctuations, economic and financial market conditions in various countries and regions, environmental risks and legislative, fiscal or regulatory developments, political risks, project delay or advancement, approvals and cost estimates. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, readers are cautioned not to place reliance on forward-looking statements. Any forward-looking statements in this presentation speak only at the date of issue of this presentation. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Brookside Energy does not undertake any obligation to update or revise any information or any of the forward-looking statements in this presentation or any changes in events, conditions or circumstances on which any such forward looking statement is based.

This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. Shareholders should not rely on this presentation. This presentation does not take into account any person's particular investment objectives, financial resources or other relevant circumstances and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments.

The information set out in this presentation does not purport to be all-inclusive or to contain all the information, which its recipients may require in order to make an informed assessment of Brookside Energy. You should conduct your own investigations and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation.

To the fullest extent permitted by law, the Company does not make any representation or warranty, express or implied, as to the accuracy or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted.

For personal use only

Macro Pricing Environment

Oil Above 10-Year High as Brookside Ramps Up Production

Crude Oil WTI	Acquire > High-Grade > Monetize > Produce >

1

For personal use only

Accelerated Development

Increasing Production as Prices Move Higher

• Three big wells, on production by the middle of the year
• Producing into the highest oil prices in a decade
• All three Drilling Spacing Units (DSUs) held by production in first half of 2022
• Key step in the acreage re-valuation process
• Proves up a large inventory of extremely high quality (high-impact) and very low risk development wells.
• Free cashflow from the Held by Production (HBP) program used to accelerate future development plans with additional wells for the second half of 2022

2

use only

Brookside - A Boutique Energy Company

Focusing Today on a Better Tomorrow

For personal

• • Small standalone developments
  • Quick return of invested capital, less than 6-months at current commodity prices
• Start of drilling to production sales

measured in months not years

• Production close to end users, limited
• • 
    transport and emissions
  • Working hand in hand with local

landowners, municipalities, counties

and regulators

	Small
	standalone
	developments
Quick return	Low capital
of capital, fast
to first	requirements
production
	BROOKSIDE
	ENERGY
Low	Small
environmental
emissions	& geographic
	footprint
	Working with
	locals
	suppliers &
	landowners

• Low capital requirements
• • Small environmental

footprint, no large facilities

• or extensive pipelines

• Localised development and production - small geographic footprint
• Local supply lines and services providing well paid local jobs

3