Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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Kinetiko Energy moves on five-well production test program in South Africa
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Manage episode 431743822 series 2891889
Treść dostarczona przez Proactive Investors. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Proactive Investors lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
Kinetiko Energy Ltd (ASX: KKO) executive chairman Adam Sierakowski joins Proactive’s Jonathan Jackson to discuss the significant progress being made in the company’s efforts to develop an energy solution for South Africa, focusing on advanced shallow conventional gas projects in the Mpumalanga Province. The company has provided an update on its onshore gas exploration and production development activities. Site preparation has started for the first of five production test wells, with conductor casing and water monitor well drilling underway. This initial phase of preparation is expected to be completed within four weeks. Following this, the production test drilling rig is anticipated to be mobilised to the site in late August, with the spudding of the first well, 271-23PT, scheduled for early September. The nine-month program involves the sequential completion of five production test wells, with the objective of conducting extended flow testing on each well. Bottom hole targets for these wells have been carefully selected to interpret multiple gas reservoirs and optimise gas reserves certification. Additionally, the strategic location of these wells, adjacent to existing energy transmission infrastructure and off-takers, enhances their potential impact. Sierakowski highlighted the importance of this program, describing it as a transformative step forward for the company. With site preparations in progress and drilling set to start soon, Kinetiko is poised to unlock the potential of the existing 6 TCF Contingent Resource (2C) discovery within the Mpumalanga Province. This resource is currently equivalent to 1 BBOE and is expected to grow significantly. Each well has been strategically positioned to optimise gas reserves certification and is near existing infrastructure, making this program a critical milestone towards demonstrating the commercial viability of the basin. Core well drilling adjacent to the first production test well, 271-23PT, has already discovered 131.5 metres of gassy pay zones, as announced on November 30, 2022. The production testing program will provide invaluable data on flow rates and depletion curves, which are essential for modelling the economics of future production clusters. #ProactiveInvestors #KinetikoEnergy #ASX, #GasExploration, #Mpumalanga, #EnergySolution, #GasProduction, #SouthAfrica, #ShallowConventionalGas, #ProductionTestWells, #SitePreparation, #DrillingProgram, #EnergyInfrastructure, #GasReserves, #ContingentResource, #AdamSierakowski, #FlowTesting, #GasReservoirs, #EnergyTransmission, #EconomicModelling, #ProductionClusters #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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MP3•Źródło odcinka
Manage episode 431743822 series 2891889
Treść dostarczona przez Proactive Investors. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Proactive Investors lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
Kinetiko Energy Ltd (ASX: KKO) executive chairman Adam Sierakowski joins Proactive’s Jonathan Jackson to discuss the significant progress being made in the company’s efforts to develop an energy solution for South Africa, focusing on advanced shallow conventional gas projects in the Mpumalanga Province. The company has provided an update on its onshore gas exploration and production development activities. Site preparation has started for the first of five production test wells, with conductor casing and water monitor well drilling underway. This initial phase of preparation is expected to be completed within four weeks. Following this, the production test drilling rig is anticipated to be mobilised to the site in late August, with the spudding of the first well, 271-23PT, scheduled for early September. The nine-month program involves the sequential completion of five production test wells, with the objective of conducting extended flow testing on each well. Bottom hole targets for these wells have been carefully selected to interpret multiple gas reservoirs and optimise gas reserves certification. Additionally, the strategic location of these wells, adjacent to existing energy transmission infrastructure and off-takers, enhances their potential impact. Sierakowski highlighted the importance of this program, describing it as a transformative step forward for the company. With site preparations in progress and drilling set to start soon, Kinetiko is poised to unlock the potential of the existing 6 TCF Contingent Resource (2C) discovery within the Mpumalanga Province. This resource is currently equivalent to 1 BBOE and is expected to grow significantly. Each well has been strategically positioned to optimise gas reserves certification and is near existing infrastructure, making this program a critical milestone towards demonstrating the commercial viability of the basin. Core well drilling adjacent to the first production test well, 271-23PT, has already discovered 131.5 metres of gassy pay zones, as announced on November 30, 2022. The production testing program will provide invaluable data on flow rates and depletion curves, which are essential for modelling the economics of future production clusters. #ProactiveInvestors #KinetikoEnergy #ASX, #GasExploration, #Mpumalanga, #EnergySolution, #GasProduction, #SouthAfrica, #ShallowConventionalGas, #ProductionTestWells, #SitePreparation, #DrillingProgram, #EnergyInfrastructure, #GasReserves, #ContingentResource, #AdamSierakowski, #FlowTesting, #GasReservoirs, #EnergyTransmission, #EconomicModelling, #ProductionClusters #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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