June 10 (Reuters) - Brookside Energy Ltd BRK.AX :
* FORMATION OF NEW JV FOR OPPORTUNITY TO BUY PRODUCING OIL AND GAS PROPERTIES IN ANADARKO BASIN
* JV PARTICIPANTS COMMITTED TO INITIAL COMBINED INVESTMENT IN ORION PROJECT OF $500,000
* JV WILL ACQUIRE PORTFOLIO OF OPERATED, LONG-LIFE PRODUCING WELLBORES