KKO Stock Discussion
Kinetiko Energy Ltd Description
Kinetiko Energy Limited is a Australia-based gas explorer focused on advanced gas and coal bed methane (CBM) opportunities in developing markets in Southern Africa. The Company is the operator of the Amersfoort Project in South Africa, which is an onshore gas project in the northern part of the Main Karoo Basin. It has approximately 49% equity in over two onshore gas licenses covering over 1,600 square kilometers in the Amersfoort area. The Afro Energy tenure consists of approximately two granted exploration rights and over five exploration right applications all covering prospective areas of gas prone coals and sandstones. The Company holds over 10 prospecting gas licenses covering a total of approximately 7,090 square kilometers in the Kalahari Basin of Botswana. The Company is developing a petroleum basin model for the Kalahari Basin. The Kalahari Basin is known to contain coal deposits.
Industry: Oil & Gas E&P
Keywords: Exploration Energy Gas Coal Prospecting Petroleum Sandstone Coalbed Methane Methane Karoo Cbm Kalahari Desert Shale Gas By Country Gas Explorer Kalahari Basin Tik
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