Kinetiko Energy Ltd
Kinetiko Energy Limited is an Australia-based gas explorer.
The business
Kinetiko Energy Limited is an Australia-based gas explorer. The Company is focused on advanced onshore shallow conventional gas opportunities in South Africa. Its tenements are located in South Africa's power producing region, near aging coal-fired power stations and infrastructure. It is focused on commercializing 100% owned advanced shallow conventional gas projects in the Mpumalanga Province. The Company owns maiden gas reserves and has 6 trillion cubic feet (Tcf) of 2C contingent resources. Its exploration rights include ER 270, ER 271 and ER 272. The Company’s subsidiary is Afro Energy (Pty) Ltd (Afro Energy). The Company holds a binding Joint Development Agreement (JDA) with FFS Refiners and Afro Energy, to advance the gas field development at Brakfontein. Its production test well 271-KA03PT06 is located at Brakfontein.
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Latest news
Kinetiko Advances South African LNG Development with Improved Drilling Strategy
Kinetiko Energy (ASX: KKO) has received a boost regarding its plans to develop an answer to South Africa’s critical energy shortages with a new drilling strategy appearing to have overcome previous flow issues. The company’s flow testing numbers earlier this year came in under the expected rates, leading to an in-depth assessment of what was […]
Kinetiko Energy overcomes flow issues to unlock South Africa’s largest onshore gas field
Kinetiko Energy (ASX: KKO) is back on track to provide a critical new gas supply for energy-starved South Africa. After running into flow problems in recent testing at its shallow conventional gas projects in the Mpumalanga province, the company is moving ahead with the development of South Africa’s largest onshore natural gas resource. Initial assessments […]
Invictus, Kinetiko and D3 making big plays in African energy sector
Three Australian oil and gas juniors have made big moves today that could completely change southern Africa’s energy future. Operating in Zimbabwe and South Africa, the companies are targeting major gas developments in a region currently struggling to find new energy sources. Invictus placement Oil and gas project developer Invictus Energy (ASX: IVZ) has received […]
Kinetiko Energy signs deal to develop proof-of-concept gas production trial in South Africa
Perth-based explorer Kinetiko Energy (ASX: KKO) has secured a deal with South African operator Grüner Energy to co-fund the development of a proof-of-concept gas production trial in the Mpumalanga province. Under the terms of the deal, Kinetiko will explore, drill and extract natural gas in the southern parts of Block ER271 while Grüner will develop, […]
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