Kinetiko Energy Ltd (ASX:KKO)’s Adam Sierakowski and Proactive’s Andrew Scott discuss “significant” gas flows from the company’s Korhaan 3 well, which has reached a flow rate of 83,000 standard cubic feet per day from Korhaan Well 3. Kinetiko’s other two wells in the region have also encountered material gas, especially in the Korhaan 5 well, which exhibited relatively high early flow rates of 210,000 standard cubic feet per day before declining. The Korhaan 4 well is currently being flow tested, with results to be announced when available. Over the next three months Kinetiko will focus on off-take partnerships and gas production, with a focus on booking gas reserves, an important milestone for the company.
Kinetiko Energy achieves flow rate of 83,000 standard cubic feet per day from Korhaan Well 3
