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South Africa: Kinetiko spuds third well on the Korhaan project


25 Nov 2021

Photo - see caption

Highlights

  • Third of three new Korhaan Project wells spudded at Korhaan-3.
  • Air/ percussion drilling has commenced to an estimated depth of 150m to case and cement the dolerite formation.
  • Following casing of dolerite sills, gas hosting sandstone and coal geology anticipated to be intersected as has been the case with wells Korhaan 4 and 5.
  • Korhaan 4 well is expected to commence drilling into the gassy sandstone and underlying coal seams to TD within the next few days.
  • Korhaan 5 has completed casing to approx. 150m depth and is setting up to complete cementing before continuing drilling through anticipated gassy zones.

Kinetiko Energy, an Australian gas explorer focused on advanced shallow conventional gas and coal bed methane (CBM) opportunities in rapidly developing markets in Southern Africa, has spudded the third well on the Korhaan Project.

The third well named Korhaan-3 is estimated to reach a depth of 400m-450m to test the gassy sandstones and coal bed methane ('CBM') horizons from the known coal beds that were intersected and observed to be gassy from adjacent (400m away) flow tested gas wells KA-03PT2 and KA-03PTR. With three new wells of the Korhaan project now successfully spudded the Company’s expectations are high that all five wells are intended to become potential early, pilot-production wells, with comingled production to an infield offtake facility being planned.

Well Korhaan-3 is being drilled with air/ percussion to TD estimated to be between 400-450m. The spudding of Korhaan 3 is the last of the three well Korhaan project programmed to be completed this year. The three-well drilling program to has been successfully undertaken within 400 metres of KKO’s proposed gas collection terminal at Amersfoort where access and infrastructure is being established to enable the completion of off take negotiations.

Preliminary gas flow rates will be assessed following completion of each well.

Photo - see caption

About Kinetiko Energy

Kinetiko Energy is an Australian gas explorer focused on advanced shallow conventional gas and coal bed methane (CBM) opportunities in rapidly developing markets in Southern Africa. South Africa has extensive gassy coal basins, extensive energy infrastructure and a growing gas demand, making it an attractive area for investment. The Company has a large potential exploration area, of which approx. 7000km2 is granted and being explored.

Original article link

Source: Kinetiko Energy





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