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KINETIKO ENERGY LTD (KKO) - Revolutionizing Gas Production: Corporate Finance Director Richard Wolanski on 2024 Core Hole Success, LNG Production Plans, and South African Innovation
Manage episode 441309810 series 3570035
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How can a single well power 100,000 homes? Join us in this captivating episode of ASX Briefs as we sit down with Richard Wolanski, Corporate Finance Director of Kinetiko Energy Limited. Richard shares the exciting achievements from the 2024 Core Hole Exploration Program, revealing a 100% success rate in intersecting gas pay zones. With an ambitious exploration program kicking off, Kinetiko is set to transform the energy landscape in South Africa. Discover how this success is propelling their rapid LNG production plans and learn about their groundbreaking gas-to-power demonstration at the Amersfoort site.
Richard also dives into the significance of Kinetiko's collaboration with FFS Refiners and the Industrial Development Corporation of South Africa. These partnerships are crucial in advancing their gas field development and establishing multiple development sites across their extensive South African tenements. Additionally, Richard explains how a recent capital raise has provided the financial stability needed to embark on one of their most important exploration programs to date. This episode is a treasure trove of insights for anyone keen on the future of energy innovation in South Africa.
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