HIGHLIGHTS
• Initial extended flow tests provided gas flow of up to 188 Mscfd from
production test well 271-KA03PT06 after 14 days of continuous testing with a
total gas volume of 2,273 Mscf recovered during that period.
• Very high methane content of approximately 98.5% recorded in gas being
produced.
• The sustained flow rate more than doubles flow rates of Well 271-KA03PT10
which produced strong commercial rates of gas flow. (Refer ASX Announcement
25 September 2025) Gas reserve calculations by independent certifier Sproule
B.V., which assessed that a 50 Mscfd flow rate would produce positive
economics1.
• Well 271-KA03PT06, the second production test well using optimised drilling
procedures, is part of a seven well production cluster in the Brakfontein that
will supply the pilot plant planned to commence construction in 2026 to
produce first commercial gas production.
• Gas flow testing is continuing in both wells (PT06 and PT10) to determine
further data on sustained flow rate and ascertain depletion curve
characteristics.
Kinetiko Energy Ltd (Kinetiko or the Company) is developing an energy solution for
South Africa, focused on commercializing 100% owned advanced shallow conventional gas
projects in the Mpumalanga Province. Kinetiko is pleased to advise that production test well 271-
KA03PT06 has successfully completed an extended production gas flow test.
Kinetiko Executive Chairman Adam Sierakowski commented:
"The Flow test results from this second well using optimised drilling techniques are the
highest ever achieved by the Company and has vastly exceeded the first well (271-
KA03PT10) providing further confidence of the potential of this unique geology and
commercial viability of the Brakfontein cluster of wells.
The initial extended flow test results show flow rates more than double that of the PT10
well, and testing will continue to ascertain depletion curves to determine production well
life. The rate and very high-quality methane content being produced from these wells also
improve economics.”
Initial extended flow tests from production test well 271-KA03PT06 after 14 days of continuous
testing provided gas flow of up to 188 Mscfd with a total gas volume of 2,273 Mscf recovered
during that period (Figure 1). Well 271-KA03PT06 is located at Brakfontein, within 500 metres of
historic production test wells, and is expected to, when connected to these historic wells, create
the initial cluster of producing gas wells that will supply the planned micro LNG pilot plant (Figure
2).
Information from the extended flow tests will be used to model the economics of each
production cluster and feasibility studies. The reserve calculation completed by Sproule B.V.
dated 1st July 2023, used an assumption of 50 Mscfd “initial rate” of gas from each well is
commercially viable1. Achieving extended flow rates significantly above this level from this
production test program will add substantially to the development economics and reserve
estimates.