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Kinetiko Energy moves to acquire 100% of near-term gas production Amersfoot project

Kinetiko Energy moves to acquire 100% of near-term gas production Amersfoot project

Kinetiko Energy Ltd's (ASX:KKO) executive chairman Adam Sierakowski speaks to Proactive following the news it's strengthened its position in South Africa by securing 100% of the Amersfoot Project, a near-term commercial gas production asset. The company has executed a binding terms sheet with Badimo Gas Pty Ltd to acquire the remaining 51% of Afro Energy Pty Ltd, making Kinetiko sole owner of all exploration rights and production approvals.

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