Investing

Kinetiko Energy: Developing South Africa’s Largest Onshore Natural Gas Resource Solution

Kinetiko Energy (ASX:KKO) is an onshore gas exploration and development company targeting the commercialisation of shallow conventional gas resources in South Africa’s Mpumalanga Province. Its exploration assets are strategically located near ageing coal-fired power stations and existing energy infrastructure, enabling Kinetiko to deliver gas to a domestic market grappling with persistent power shortages and seeking cleaner, more reliable alternatives to coal-based electricity.

The company has secured its first gas reserves with strong economic potential and has announced 6 Tcf of 2C contingent resources, creating a substantial onshore gas project with considerable growth potential. Kinetiko is advancing a phased development plan through Project Alpha, supported by a binding Joint Development Agreement with FFS Refiners. The management team combines extensive local operational knowledge, capital markets expertise, and decades of experience in energy and infrastructure, positioning Kinetiko to transition from explorer to gas producer.

Location of the company’s exploration rights adjacent to energy infrastructure

The Brakfontein gas project is Kinetiko Energy’s most advanced gas field in South Africa. Situated in Mpumalanga Province, it consists of a cluster of seven shallow conventional gas wells strategically located near existing energy infrastructure and key power demand centres.

Company Highlights

Advancing a world-class onshore gas project with 6 trillion cubic feet (Tcf) of 2C contingent resources and maiden gas reserves with positive economics
Strong extended flow test results from production test wells at Brakfontein, with methane purity exceeding 98.5 percent
Additional exploration acreage to grow current contingent resources and reserves
Binding Joint Development Agreement with FFS Refiners to co-develop a staged LNG project, starting with a 5,000-tonne-per-annum (tpa) pilot plant
Located in South Africa’s primary power-producing region, close to existing infrastructure and major demand centres
Clear pathway from exploration to production, supported by recent funding, reserve certification work and production right applications

This Kinetiko Energy profile is part of a paid investor education campaign.*

Click here to connect with Kinetiko Energy (ASX:KKO) to receive an Investor Presentation

This post appeared first on investingnews.com

You May Also Like

Investing

Rare earth elements (REEs) are crucial for technologies like smartphone cameras and defense systems. A select few from the group of 17 are also...

Editor's Pick

Former independent presidential candidate Robert F. Kennedy Jr. is back in the headlines — not for suspending his campaign last week and endorsing Republican...

Investing

In recent years, the global oil market has been impacted significantly by COVID-19 disruptions, price wars between oil-producing nations, Russia’s war in Ukraine and...

Editor's Pick

Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

Disclaimer: Pertxpert.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 pertxpert.com