Kinetiko Energy Secures Key Exploration Renewals

Kinetiko Energy Ltd (ASX: KKO) has renewed exploration rights ER270, ER271, and ER272 for a further two years, strengthening its shallow conventional gas strategy in South Africa’s Mpumalanga Province. The renewals, granted by the Petroleum Agency of South Africa, expand Kinetiko’s tenement holding to 5,366 km² and support accelerated development and pilot production plans. Current drilling at Brakfontein’s KA03PT06 well has intersected gassy sandstone zones, with depth completion expected shortly, while flow testing at KA03PT10 continues successfully. These results are expected to de-risk future programs and fast-track the transition from exploration to production. Positioned near key energy infrastructure such as Sasol’s Secunda refinery and the Majuba power station, Kinetiko aims to supply base load gas to replace aging coal generation and complement renewables. With 6 Tcf of 2C contingent resources already confirmed, the company is establishing itself as a major contributor to South Africa’s long-term energy security

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