Kinetiko Gets Positive Results in SA Survey
Mar 3, 2021 8:50:am
Summary
by: Shardul Sharma
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Kinetiko Gets Positive Results in SA Survey
Sydney-listed Kinetiko Energy on March 3 said initial interpretation results from a high-resolution aeromagnetic survey conducted at the Amersfoort coalbed methane (CBM) project in South Africa had confirmed the continuity of gas-prospective geology.
Six new potential gas compartments have been identified in the survey area ranging in size from 5.7 km
2 to 22.5 km
2 and in total 77 km
2. The total gas compartments identified on the Amersfoort project have now reached 37, it said.
Aircraft covered 273 km
2 over a selected portion of ER271 and ER38 which forms part of the Amersfoort project, Kinetiko said. This latest survey links together the two previous surveys for a combined 965 km