D3 Energy Limited (AU:D3E) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
D3 Energy Limited has completed production testing at its RBD12 well in South Africa, revealing a promising increase in gas flow rates despite initial setbacks due to wellbore damage. The test results show a gas composition of 4.8% helium and 84.3% methane, with potential for higher yields as remediation strategies are explored. This development offers valuable insights for future drilling improvements, with optimism for RBD12 to become a key gas producer.
For further insights into AU:D3E stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Time to Jump Ship,’ Says Investor About MicroStrategy Stock
- Nvidia and Microsoft: Why This Top Investment Firm Decided to Dump Shares
- Wells Fargo (NYSE:WFC) Departs Philadelphia Sports Arena
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.