Brookside Energy Limited provided shareholders and investors with an update on operations from Brookside's second well in the SWISH Area of Interest (AOI) in the world-class Anadarko Basin, the high-impact Rangers 36-25 SXH 1 Well (Rangers Well). Drilling of the horizontal section has been completed and the Rangers Well reached TD (total measured depth) of approximately 17,460 feet on 11 January 2022 CDT. Extensive oil and gas shows continued to be observed in mud logging of the Sycamore formation in the horizontal section.

These hydrocarbon shows are consistent with expectations. Currently conditioning the well bore in preparation for casing. Operations are proceeding on schedule, safely and without incident.

Case horizontal section of the well with production casing string. Demobilise Kenai Rig 18. Prepare the site for arrival of well stimulation equipment.

Commence building of the production tank battery and oil and gas separators.