D3 Energy Limited (AU:D3E) has released an update.
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D3 Energy Limited made a strong debut on the Australian Securities Exchange, raising $10 million from its IPO and reporting promising results from its first two exploration wells with high helium concentrations. The wells, part of the company’s project in South Africa, were completed on time and within budget, indicating a potentially extensive helium and natural gas system. The company is preparing to build on this success with additional drilling operations at a new site within the same region.
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