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The latest update is out from D3 Energy Limited ( (AU:D3E) ).
D3 Energy’s December quarter was marked by steady technical and regulatory progress across its portfolio, with continued Environmental Impact Assessment work and the start of Front End Engineering and Design for the PR016 Production Right, including planning for a helium extraction plant, scouting of well and pipeline routes, and ongoing gas offtake negotiations and stakeholder consultations. At ER315, re-testing of the Nooitgedacht Major well confirmed sustained gas flows at slightly improved rates, supported by audio magnetotelluric surveys and planning for a 2D seismic program to guide upcoming drilling, underpinned by certified methane and helium reserves; in parallel, the company advanced farm-out discussions for the Hydrohelix prospect in South Australia’s Arckaringa Basin and broadened its capital markets reach by commencing trading on the US OTCQX Best Market, enhancing visibility and potential funding pathways for future exploration and development.
More about D3 Energy Limited
D3 Energy Limited is an ASX-listed upstream energy company focused on helium and methane exploration and development, with key assets including the ER315 project and Production Right PR016 in southern Africa and exploration permits PEL 121 and PEL 122 in South Australia’s Arckaringa Basin. The company is advancing gas and helium extraction projects through technical appraisal, regulatory approvals, and commercial negotiations aimed at supplying regional and international markets.
Average Trading Volume: 38,433
Technical Sentiment Signal: Buy
Current Market Cap: A$43.11M
For detailed information about D3E stock, go to TipRanks’ Stock Analysis page.