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D3 Energy Limited ( (AU:D3E) ) just unveiled an update.
D3 Energy Limited announced significant progress in its operations, including the formal acceptance of its Production Right Application by the South African Petroleum Agency, marking a key step towards production at its ER315 permit. The company also reported successful re-testing of the RBD10 well, confirming unique reservoir characteristics and increased flow rates. Additionally, D3 Energy has expanded its asset base by acquiring two permits in the Arckaringa Basin, South Australia, and is actively seeking partners for exploration, enhancing its market visibility by commencing trading on the US-based OTCQX Best Market.
More about D3 Energy Limited
D3 Energy Limited is an energy company focused on the exploration and development of critical gas assets, including helium and hydrogen. The company operates primarily in South Africa and Australia, with a strategic focus on the ER315 permit in South Africa’s Free State Province and the Arckaringa Basin in South Australia.
Average Trading Volume: 143,608
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$56.17M
Find detailed analytics on D3E stock on TipRanks’ Stock Analysis page.