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The Perth-based energy stock originally held a 49% interest in Afro, which holds the South African exploration rights and production...

Kinetiko originally owned 49% of Afro, which holds the South African exploration rights and production approvals linked to its assets.

Kinetiko Gets Positive Results in SA Survey Mar 3, 2021 8:50:am Summary by: Shardul Sharma Posted in: Kinetiko Gets Positive Results in SA Survey Sydney-listed Kinetiko Energy on March 3 said initial interpretation results from a high-resolution aeromagnetic survey conducted at the Amersfoort coalbed methane (CBM) project in South Africa had confirmed the continuity of gas-prospective geology.   Six new potential gas compartments have been identified in the survey area ranging in size from 5.7 km 2 to 22.5 km 2 and in total 77 km 2. The total gas compartments identified on the Amersfoo...

Perth-based energy exploration company Kinetiko Energy has announced the successful completion of a well workover program at well KA-03PTR and KA-03PT2 at its Amersfoort project. Advanced negotiations are underway with potential gas off-takers and commercial production remains on track for Q1 2021.