D3 Energy Reports Promising Gas Flow Rates

D3 Energy Limited (AU:D3E) has released an update.

D3 Energy Limited has reported a significant increase in gas flow rates following the deployment of new metering equipment at its RBD03 borehole in South Africa, with a notable helium concentration of 5.1%. The initial success at RBD03 paves the way for re-testing at RBD10, which is poised to begin shortly, as part of the company’s comprehensive production testing program to determine the potential of South Africa’s next onshore gas field. With high worldwide helium prices and local gas shortages, these findings could signal a robust opportunity for D3 Energy.

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