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Kinetiko Energy kicks off gas flow testing at Korhaan 4 well in South Africa

Significant progress has been achieved in recent weeks towards securing investment from major South African institutions and completing off-take agreements.

Kinetiko Energy Ltd - Kinetiko Energy kicks off gas flow testing at Korhaan 4 well

Kinetiko Energy Ltd (ASX:KKO) has gas flow testing underway at the Korhaan-4 well, the first of three flow tests from the recently completed three-well program at the project in South Africa, where energy is in strong and increasing demand.

Flow rates to test gas have been sensed through the Korhaan-4 entire production section of around 313 metres.

The gas explorer plans to optimise gas production by undertaking sophisticated completions, casing the production section and perforating only the most gassy zones to reduce water ingress in the next stage of well development, which is expected to increase gas flow rates further.

Repair to damaged pump

Following severe electrical storm damage to the communications systems to a downhole pump, replacement parts were successfully shipped and repairs completed. 

The repaired pump has now been run into well Korhaan-4 and de-watering of the well commenced.

Drilled to depth

Korhaan-4 was drilled to total depth as a barefoot completion with no casing or liner set across the production section allowing increased water and geological fluids to flow directly into the wellbore.

The well has been cleaned out and the logs showed significant cumulative gassy intervals and a substantial production section of around 313 metres.

Funding & offtake deals

Significant progress has been achieved in recent weeks towards securing investment from major South African institutions and completing offtake agreements.

In recent weeks, Kinetiko has moved closer to completion of material agreements with a major South African institution for funding to develop a new field of wells, and completing offtake arrangements with Vutomi Energy (Pty) Ltd for first production of gas produced from the Korhaan wells for a gas-to-power.

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