HIGHLIGHTS
• Drilling of production test well 271-KA03PT06 at Brakfontein has been
completed using optimised procedures
• Choke test on completion recorded a peak gas flow of 1,600 Mscfd – more
than 3x higher than the best historical test 271-03PTR (500 Mscfd, Jan 2013)
and 4x higher than 271-KA03PT10 (370 Mscfd, Aug 2025)
• Optimised drilling procedures and execution improvements continue to
deliver breakthrough results, indicating earlier wells drilled prior to Aug 2025
may be sub-optimal and could be enhanced by remediation
• Extended flow rate testing continues on 271-KA03PT10 to determine a
stabilised flow rate, with de-watering progressing and gas flow increasing
resulting in strong wellhead shut-in pressure of over 13 Bar.
• KA03PT06 is the seventh well at Brakfontein designed to form the producing
cluster to supply the planned pilot LNG plant and deliver maiden LNG sales.
Kinetiko Energy Ltd (Kinetiko or the Company) is developing an energy solution for
South Africa, focused on commercialising 100% owned advanced shallow conventional gas
projects in the Mpumalanga Province. The Company is pleased to advise that production test
well 271-KA03PT06 (Figure 1) has been successfully completed at Brakfontein and is now being
logged.
Well 271-KA03PT06 (Figure 2) is located within 500 metres of historic production test wells, and,
together with KA03PT10 and these historic wells, is expected to form the initial cluster of
producing gas wells supplying the planned pilot LNG plant.
Kinetiko Executive Chairman Adam Sierakowski commented:
"Not only has the implementation of the optimised drill procedures delivered two successfully
completed wells, but has now established a new significant increase in the highest ever peak gas
flow from a choke test of 1,600 Mscfd. This is an exceptional preliminary result many multiples
higher than the best historical gas flow choke tests recorded. In addition, this has been achieved
in a relatively shallow well of 405m depth again illustrating the unrecognized potential of this unique geology to produce commercial on shore gas”
Production Well Program
Well 271-KA03PT06 will be flow-tested to achieve a stabilised flow rate. This process is designed
to capture critical data on flow rates, reservoir pressure, and depletion curves, and results will
be announced as they become available in the coming weeks. The completion of the two
production test well program has been completed on time and Budget. It has established that
the new optimised drilling processes can be implemented to complete effective multi-well
programs.
Drilling Optimisation Implementation Delivers Results
The optimised drilling procedures implemented in well 271-KA03PT06 incorporated the detailed
recommendations from flow assurance experts Oilfield Technologies Australia (OT), based on
laboratory testing of formation core, drilling water, and foam samples from earlier wells. (Refer
ASX Announcement 23 April 2025). Well 271-KA03PT06 was designed using adjusted drilling
parameters, including reduced water volume, no use of HV foam, and controlled down-hole
pressure, to address the key findings from testing conducted by OT, which revealed reduced
permeability and gas flow in the two production test wells drilled in late 2024.
Drilling optimisation procedures developed over the last 6 months have generated immediate
exploration success, and further results will lead to continued and further optimisation as the
Company continues its production well drilling program.
Extended 271-KA03PT10 Testing
Extended gas flow testing on well 271-KA03PT10 is progressing well. Gas flows are increasing as
de-watering continues, with strong wellhead shut-in pressure of over 13 Bar. As soon as a
stabilized flow rate is established the Company will announce the results.
This announcement has been authorised for release by the Board of Directors.