Kinetiko Energy Spuds Third Well in South Africa to Supply LNG Pilot Plant

MT Newswires Live

2025/05/14

Kinetiko Energy (ASX:KKO) said the third well in the company's production well test program has been spudded in Brakfontein, South Africa, according to a Wednesday Australian bourse filing.

The well will form part of a cluster that is expected to supply liquefied natural gas to a pilot plant by 2026.

First gas flow results are expected before July, the filing added.

The company's shares fell 2% in recent Wednesday trade.

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