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D3 Energy Advances Helium Exploration with RBD12 Drilling

D3 Energy Limited (AU:D3E) has released an update.

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D3 Energy Limited has announced the successful start of drilling at the RBD12 well within the ER315 permit in South Africa, building on their recent achievements at RBD03 and RBD10, which showed high helium concentrations and strong flow rates. The RBD12 drilling aims to further assess the reservoir’s productivity and gather more data on gas compositions, setting the stage for future development and potential production expansion. The company’s consistent results and ongoing exploration activities underline the promising prospects of their helium and natural gas assets.

For further insights into AU:D3E stock, check out TipRanks’ Stock Analysis page.

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