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ASX:KKO

Kinetiko Energy Ltd

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Market:
ASX
Market Cap:
$61.67 m
Price
0.10 AUD
Change
0.00%
52 weeks high
0.17
52 weeks low
0.07

In brief

Kinetiko Energy Ltd (ASX:KKO) is in the energy exploration business, solely focused on sandstone gas and coal bed methane exploration and commercialisation in South Africa.

The company has an extensive exploration area, of which about 7,000 square kilometres is granted and being explored.

Kinetiko’s flagship near-production Amersfoort Project and adjacent exploration rights are held through a South African joint venture company Afro Energy (Pty) Ltd in which Kinetiko holds a 49% economic interest and a 50% controlling interest.

Snapshot

  • Kinetiko Energy prepares 3-well drilling program to advance ‘elephant-scale’ gas resource in South Africa
  • Kinetiko Energy doubles down ahead of three-well drilling program at South African Gas Project
  • Kinetiko Energy gearing up for 3-well drilling program at Amersfoort

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Kinetiko Energy doubles down ahead of three-well drilling program at South African Gas Project

Kinetiko‘s next three drill targets could form a five-well cluster at Amersfoort, paving the way for further offtake negotiations and the certification of its maiden gas reserves.

on 12/8/21