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D3 Energy Launches New Well Production Tests

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

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D3 Energy Limited has initiated production testing at their RBD10 well in South Africa after witnessing promising results from a previous well that showcased a substantial increase in flow rates. The company, which focuses on natural gas and helium exploration, has implemented high-standard equipment designed in Australia for this process, with hopes of replicating earlier success. These tests are part of a larger exploration program aimed at informing future drilling strategies and a potential Production Right application.

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

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