D3 Energy Limited (AU:D3E) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
D3 Energy Limited has successfully completed production testing at its RBD01 well in the Free State, South Africa, revealing an impressive helium concentration of 6.2%, the highest recorded in the company’s wells. Over a 15-day period, the well produced an average flow rate of 93 Mscfd, highlighting the potential of a significant helium and natural gas system in the region. With RBD01 testing complete, the focus now shifts to the newly drilled RBD12 well.
For further insights into AU:D3E stock, check out TipRanks’ Stock Analysis page.