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D3 Energy Limited ( (AU:D3E) ) just unveiled an update.
D3 Energy Limited has successfully submitted a Production Right application for part of its ER315 permit in South Africa, marking a significant milestone in its commercial operations. The application, accepted by the Petroleum Agency SA, was lodged ahead of schedule and under budget, reflecting the company’s efficient operations and robust geological model. This development is expected to enhance D3 Energy’s industry positioning by potentially securing South Africa’s second onshore production license, with first sales of methane and helium targeted for late 2027 to early 2028.
More about D3 Energy Limited
D3 Energy Limited is an energy company involved in the exploration and production of methane and helium. The company operates primarily in South Africa and Australia, focusing on unlocking significant contingent and prospective resources across its acreage portfolio.
Average Trading Volume: 335,154
Technical Sentiment Signal: Buy
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