D3 Energy Limited (AU:D3E) has released an update.
D3 Energy Limited announced the successful drilling of the RBD12 well in South Africa’s Free State, which was completed safely, within budget, and with gas flowing to the surface. The well reached a depth of 594 meters, intersecting gas-bearing zones in the Witwatersrand formation, and is now ready for production testing. Initial geophysical logging suggests the presence of intersected fractures, potentially enhancing future drilling operations.
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