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D3 Energy Reports High Yield in Helium Production Test

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

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D3 Energy Limited has reported a successful production test at their RBD10 well, with a 52% increase in the average gas flow rate and high helium concentrations of 4.7%. Following these strong results from their ER315 asset in South Africa, the company is preparing to commence drilling at the nearby RBD12 location, which promises low-cost drilling and the potential for future production. The recent advancements bolster D3 Energy’s position in the helium market and set the stage for further exploration and appraisal activities.

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

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