Kinetiko Drills New Amersfoort Wells

Tuesday, September 24, 2013

Kinetiko Energy has launched the drilling of another three pilot test wells at the Amersfoort Project in South Africa. The new wells are to enable an independent certification of additional resources and potentially maiden reserves.

The company will also drill water monitoring holes and revisiting existing test locations that were not previously completed.

Five exploration pilot test wells have been drilled and two continue to be tested.

The company is also continuing negotiations with several potential customers for the gas that is being produced from the license.

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