Perth - Brookside Energy Limited (ASX: BRK) and Stonehorse Energy Limited (ASX: SHE) (the Companies) are pleased to provide an update on operations to restore production in the recently acquired Mitchell 12-1 Well located within Brookside's Jewell Drilling Spacing Unit (DSU) in the SWISH AOI in the southern part of the SCOOP Play.

Workover operations have been completed with gas and condensate recovered to surface and the estimated 260 feet of perforations in the Sycamore formation (one of two main producing formations in the SWISH AOI) successfully isolated and treated, ready for production.

The workover operations included pulling and testing of the production string, a mechanical integrity test (to confirm the integrity of the well bore casing) and inspection of the surface production, separation and storage equipment. This work was completed successfully and without incident.

Following the clean-up of the perforations, near well bore skin and scale, the well was swabbed to remove approximately 30 barrels of treatment fluid. The well is currently shut-in ready for production awaiting installation of a gas meter to facilitate production rate measurement and gas sales. This work is expected to be completed shortly and the Companies look forward to providing further updates.

This announcement has been authorised for release by the Boards of Directors of Brookside Energy Limited and Stonehorse Energy Limited.

Contact:

David Prentice

Tel: (+61 8) 6489 1600

Email: david@brookside-energy.com.au

Forward-Looking Statements and Other Disclaimers

This announcement 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 and/or Stonehorse Energy Limited ('Brookside Energy', 'Stonehorse 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 announcement. Given these uncertainties, readers are cautioned not to place reliance on forward-looking statements. Any forward-looking statements in this announcement speak only at the date of issue of this announcement. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Brookside Energy and Stonehorse Energy do not undertake any obligation to update or revise any information or any of the forward-looking statements in this announcement or any changes in events, conditions or circumstances on which any such forward looking statement is based.

This announcement does not constitute investment advice. Shareholders should not rely on this announcement. This announcement does not take into account any person's particular investment objectives, financial resources or other relevant circumstances and the opinions and recommendations in this announcement 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 announcement 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 or Stonehorse 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 announcement. 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 announcement. No responsibility for any errors or omissions from this announcement arising out of negligence or otherwise is accepted.

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