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Kinetiko Energy Ltd. ( (AU:KKO) ) has shared an update.
Kinetiko Energy Ltd has reported significant gas volumes from its ongoing flow testing at two production test wells in the Brakfontein area. The wells have shown strong gas flows, with one well maintaining consistent production and the other stabilizing after an initial decline. The high methane content and sustained flow rates are expected to enhance project economics and reserve estimates, supporting the development of a micro LNG pilot plant in collaboration with FFS Refiners.
More about Kinetiko Energy Ltd.
Kinetiko Energy Ltd is an energy company focused on developing advanced shallow conventional gas projects in the Mpumalanga Province of South Africa. The company aims to commercialize its 100% owned gas projects to provide energy solutions for the region.
Average Trading Volume: 273,095
Technical Sentiment Signal: Sell
Current Market Cap: A$102.1M
See more data about KKO stock on TipRanks’ Stock Analysis page.