Latest Kinetiko Energy (ASX:KKO) News

Kinetiko Energy reports robust gas production from test wells and secures a binding joint development agreement with FFS Refiners to advance a pilot LNG plant in South Africa, backed by a $3.15 million capital raise and new North American market listing.

Kinetiko Energy has secured approval to trade on the North American OTCQB Market, aiming to boost investor access and liquidity as it advances its South African gas projects.

Kinetiko Energy has raised $3.15 million through a placement led by key South African and Australian investors to fast-track its Project Alpha gas development in South Africa. The capital injection supports drilling and exploration activities aimed at expanding the company’s resource base.

Kinetiko Energy has secured the first tranche of funding from FFS Refiners to accelerate development of a pilot LNG gas plant at Brakfontein, marking a key step in its multi-phase Project Alpha.

Kinetiko Energy has reported record gas flow rates from its Brakfontein test wells, renewed critical exploration rights, and signed a joint venture to develop a pilot LNG plant, marking a significant step towards commercial gas production in South Africa.

Kinetiko Energy reports sustained strong gas flows from two production wells in South Africa, with high methane content exceeding prior reserve assumptions. These results bolster the economics of its planned micro LNG pilot project.

Kinetiko Energy and FFS Refiners have formalised a joint development agreement to co-develop a pilot LNG plant at Brakfontein, marking a significant step in South Africa’s energy transition. The initial phase involves co-funded drilling and gas testing with plans to scale LNG production substantially.

Kinetiko Energy hosts senior South African government dignitaries at its Brakfontein gas project, highlighting record gas flows and plans for a pilot LNG plant to address the country’s energy crisis.

Kinetiko Energy's latest gas flow test at well 271-KA03PT06 in South Africa delivers record extended flow rates, significantly boosting the commercial outlook for its Brakfontein gas cluster.

Kinetiko Energy has reported a strong commercial gas flow from its Brakfontein well, exceeding prior reserve flow rate assumptions and reinforcing the project's economic viability.

Kinetiko Energy has achieved a record peak gas flow from its latest production test well at Brakfontein, significantly surpassing previous results and advancing its pilot LNG project in South Africa.

Kinetiko Energy has secured a crucial two-year renewal of its South African exploration rights, advancing its pilot production and development plans amid promising drilling results.