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Thursday, November 25, 2021
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-450 meters 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.
The Korhaan-3 well is being drilled with air/ percussion to TD estimated to be between 400-450 meters. The spudding of Korhaan 3 is the last of the three-well Korhaan project slated to be completed this year. The three-well drilling program to has been successfully undertaken within 400 meters 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.
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