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Kinetiko’s Brakfontein wells strengthen the case for first gas

3:43pm on Wednesday 21st of October, 2026 AEDT • Energy
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Kinetiko’s Brakfontein wells strengthen the case for first gas

3:43pm on Wednesday 21st of October, 2026 AEDT
Key Points
  • Brakfontein wells produced 7,954 Mscf during extended testing
  • Sustained rates exceeded the prior 50 Mscfd commercial threshold
  • FY2026 net loss narrowed to A$4.62 million
  • Year-end cash and restricted funds fell to A$478,634
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