Proactive - Interviews for investors

Just the facts: D3 Energy begins production testing for new energy source in South Africa

Episode Summary

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from D3 Energy Ltd (ASX:D3E, OTCQB:DNRGF). The company has begun production testing at Nooitgedacht Major, a legacy gold exploration borehole in the northern area of the ER315 Project, Free State, South Africa. Originally drilled in 1990, the borehole has been continuously flowing gas and is central to D3 Energy’s efforts to develop a new energy source for South Africa. This testing follows a successful 2024 multi-borehole program aimed at assessing the northern area's prospectivity, understanding gas migration processes, and potentially delineating a new production fairway. The current flow testing at Nooitgedacht Major is expected to last 14 days. Future plans include drilling a new well at Erfenis 1 to enable interference testing and further exploration. #ProactiveInvestors #D3Energy, #ER315Project, #GasExploration, #HeliumResources, #SouthAfricaEnergy, #EnergyTransition, #CleanEnergy, #NaturalGas, #ProductionTesting, #EnergyExploration, #NooitgedachtMajor, #ResourceDevelopment, #EnergyUpdates, #SustainableEnergy, #GasMigration, #EnergyInnovation, #ASXStocks, #EnergyStrategy, #GlobalEnergy, #FutureEnergySources