D3 Energy announced continued success in its helium and methane exploration at ER315 in the Free State, South Africa. Recent production testing at RBD10 yielded an average raw gas flow rate of 199mcf/d, closely mirroring earlier results from RBD03. The RBD10 well has previously been measured with 5% helium. If production stabilised at the said rate, it would imply helium production of 3.6mmcf/y from this well. The company also secured a two-year renewal of its exploration rights for ER315, with plans to commence drilling at RBD12 soon.
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See AllD3 Energy (D3E) is set to list on the Australian Securities Exchange (ASX), having raised A$10mm at A$c20/sh to fund its exploration and...
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