D3 Energy Limited (AU:D3E) has released an update.
D3 Energy Limited has reported a successful production test at their RBD10 well, with a 52% increase in the average gas flow rate and high helium concentrations of 4.7%. Following these strong results from their ER315 asset in South Africa, the company is preparing to commence drilling at the nearby RBD12 location, which promises low-cost drilling and the potential for future production. The recent advancements bolster D3 Energy’s position in the helium market and set the stage for further exploration and appraisal activities.
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