Kinetiko Energy Ltd (ASX:KKO)’s Adam Sierakowski discusses a large potential ‘gassy zone’ intersected by the Korhaan 4 well at the Korhaan Project in South Africa, which may represent an economical gas zone in excess of 300 metres. The company has also identified over 40 new potential gas compartments in the project tenure, and signed an offtake agreement with Vutomi Energy Ltd.
Kinetiko Energy’s Korhaan 4 well intersects potential ‘gassy zone’ in excess of 300 metres