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Kinetiko Energy to spud first well next week in significant new exploration program

Kinetiko Energy to spud first well next week in significant new exploration program

Kinetiko Energy Ltd (ASX:KKO)'s Adam Sierakowski says they're ready to start a major new exploration program with a three-well campaign at the Korhaan project in southern Africa, including the first new gas wells being drilled in more than eight years. A drilling contractor has been engaged, with two drilling rigs mobilised. He says the first rig is already on site and is expected to spud next week while the second rig will arrive in two weeks.