Kinetiko Energy Says Laboratory Test Results Shows Restricted Gas Flows Caused by Drilling

MT Newswires Live

Apr 23, 2025

Kinetiko Energy (ASX:KKO) said results from the laboratory tests conducted by Oilfield Technologies Australia from the production test well data concluded that drilling procedures have been the primary cause of the delayed/restricted gas flows observed at the firm's onshore shallow conventional gas opportunities in South Africa, according to a Wednesday Australian bourse filing.

Analyses of actual core samples from recent production test wells confirmed favorable permeability results, and laboratory test results indicated gas permeability reductions of up to 85% created by water and foam invasion.

Several significant adjustments to the drilling process have been recommended and are being incorporated by the firm into its geological modeling, including minimizing filtrate/water invasion.

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