After a decade of work in Mpumalanga, Perth-based Kinetiko Energy has confirmed one of South Africa’s most significant onshore gas discoveries. The company drilled over 40 exploration holes and eight test wells, leading to a certified find of 6 trillion cubic feet (tcf) of contingent gas resources and an additional 5.8 tcf of prospective resources.
Executive Chairperson Adam Sierakowski stated, “Our success is built on strong local partnerships and regulatory support.” Kinetiko has also certified initial gas reserves of 6.4 billion cubic feet (bcf). This figure is based on just 0.02% of its exploration rights, suggesting vast commercial potential in the area.
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