HIGHLIGHTS
- Third high resolution aeromagnetic and radiometric survey on the Amersfoort project completed successfully.
- Aircraft completed flying 6,011 line kilometre survey covering 273km2 over selected portion of ER271 and ER38 which forms part of the Amersfoort project.
- Kinetiko anticipates data processing and interpretation of the results from the survey by mid-January 2021 which will supplement information from the previous aeromagnetic surveys recently conducted over adjoining exploration rights
- If successful the results will identify additional areas for well tests and further pilot production fields.
Kinetiko Energy Ltd (Kinetiko) (KKO) is pleased to announce through its incorporated
joint venture Afro Energy (Pty) Ltd (“Afro Energy”) in collaboration with its joint venture partner in South
Africa Badimo Gas (Pty) Ltd (“Badimo”), that a high resolution aeromagnetic and radiometric survey has been
completed to follow the success of similar adjoining surveys completed in June and August 2020.
This survey successfully flew 6,011 line kilometres, or 273 Km2
, over a portion of exploration right ER271 and
ER38 of the Amersfoort project which will geologically connect the two previous aeromagnetic and
radiometric surveys recently completed over portions of ER38 and ER56 (Figure 1). The results from the
survey are anticipated to be received by mid-January 2021 and if successful, will identify areas for well tests
and further pilot production fields.
