Highlights
- Successful Completion: Production test well 271-KA03PT10 at Brakfontein was completed using advanced drilling procedures.
- Strong Initial Results: A choke test on the well achieved a peak gas flow rate of 370 Mscfd.
- Significant Discovery: Geophysical logging confirmed a large 144-meter net pay zone.
- Ongoing Testing: Extended flow testing has commenced to establish a stabilised flow rate.
- Next Steps: The drill rig is now being mobilised to the next site, with spudding anticipated within seven days.
Focused on providing an energy solution for South Africa, Kinetiko Energy (ASX: KKO) is pleased to announce the successful completion of a key production test well at Brakfontein. The company is commercialising its fully-owned gas projects in the Mpumalanga Province.
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