Highlights
- Strong, Sustained Gas Flow: Well 271-KA03PT10 achieved a continuous flow of 92 Mscfd over 16 days, recovering a total of 1,422 Mscf of gas.
- High-Quality Gas: The produced gas recorded an exceptional 99% methane content.
- Exceeds Economic Forecasts: The sustained flow rate of 92 Mscfd significantly surpasses the 50 Mscfd rate that independent certifier Sproule B.V. assessed as required for positive economics.
- Cluster Development: Well 271-KA03PT10 is the first successful well in the seven-well Brakfontein production cluster, utilising optimised drilling procedures.
- Testing Commences on Next Well: Gas flow testing has begun on the next well in the cluster, 271-KA03PT06, which previously recorded a peak choke test flow of 1,600 Mscfd. Results for the sustained flow rate are anticipated in October 2025.
- Next Steps: Testing is continuing on Well 271-KA03PT10 to determine the final sustained flow rate and establish the depletion curve characteristics.
Kinetiko Energy Ltd (ASX: KKO), which is focused on developing an energy solution for South Africa by commercialising its 100%-owned shallow conventional gas projects in the Mpumalanga Province, is pleased to announce that its production test well 271-KA03PT10 has successfully completed an extended gas flow test.
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