Kinetiko Energy: Restarts exploration at Amersfoort after six year hiatus
- After a six-year hiatus, Kinetiko Energy will restart exploration at the Amersfoort project in South Africa
- Exploration will be in collaboration with Afro Energy, with Kinetiko owning a 49 per cent stake
- The program will also consist of a high resolution aeromagnetic survey to improve gas resource definition
- According to Kinetiko, the survey will also take approximately 15 days to complete and results will be available seven days after completion
- If this survey is successful, then other areas will tested for gas
- Kinetiko has ended the day an even 10 per cent in the green with shares trading for 4.4 cents each
