Kinetiko Energy blazes trail on fast-track to feeding South Africa’s energy hunger; two more gas wells spudded

Kinetiko two more gas wells spudded

Kinetiko Energy Ltd (ASX:KKO, OTC:KKOEF) has spudded two new core wells, 272-03C and 272-04C in ER272, situated just 4 kilometres from South Africa’s largest gas pipeline and near other major energy infrastructure.

The continuation of exploration success will increase the potential that gas-producing fields can be established close to Southern African energy infrastructure including the Sasol Secunda plant, which could be a substantial off-taker of gas.

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