Kinetiko Energy Ltd (ASX:KKO, OTC:KKOEF) is set to take a “transformative step forward” in its strategy to develop an energy solution for South Africa by commercialising advanced shallow conventional gas projects in Mpumalanga Province with preparations underway for five production test wells.
Site preparations have started for the first of these wells, with drilling equipment and consumables arriving on site. Conductor casing and water monitor well drilling will take place initially and this work is expected to be completed within four weeks.
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