Kinetiko Energy Ltd (ASX:KKO, OTC:KKOEF) is advancing a strategy to provide new sources of badly needed energy in South Africa with further strong gas results recorded from two core holes on its acreage near key energy infrastructure.
Core wells 272-06C and 272-08C spudded in early June and in close proximity to Sasol’s Secunda refinery, the Tutuka Power Station and South Africa’s largest gas pipeline the Lily pipeline, have been completed with logging results indicating strong potential for gas field development.
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