Financial Wire

Kinetiko Energy to Move Forward With Rolling Cluster Development Strategy for South African Gas Projects

-- Kinetiko Energy (ASX:KKO) said it will move forward with the implementation of a rolling cluster development strategy for its South African gas projects, starting with phase one cluster Brakfontein compressed natural gas development, according to a Monday Australian bourse filing.

The rolling cluster development strategy is a risk-managed, capital-efficient development program that allows for staged scale-up to full-field liquefied natural gas, the company said. First gas revenue is targeted in the second quarter and the third quarter of 2027.

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