Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Kinetiko Energy expands its gas field production in South Africa with government co-investment

Kinetiko Energy expands its gas field production in South Africa with government co-investment

Kinetiko Energy Ltd (ASX:KKO)'s Adam Sierakowski speaks to Proactive about how the Industrial Development Corporation of South Africa (IDC) is partnering with Kinetiko’s subsidiary, Afro Energy, on a 20-well program to create gas resources to help power South Africa. Kinetiko has already obtained approvals to drill 10 of up to 20 wells in a gas field adjacent to the company’s existing Amersfoort wells.