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D3 Energy Spuds Second Nooitgedacht Well in South Africa after Intersecting Gas
['Nik Hill']
Small Caps
D3 Energy (ASX: D3E) has spudded the second well in a two-well program at Nooitgedacht in South Africa’s Free State after the first well intersected its target gas zone and flowed gas to surface.
The second well, NGT245 D, was spudded on 30 July and had reached 80m with surface casing installed as drilling continued towards the target formations.
Nooitgedacht is positioned along the Homestead Fault in northern ER315 about 43km north of the Bloemskraal area, where D3 Energy has booked reserves supporting a Production Right application lodged last year.
The two wells target faulting and associated fractures in the Ventersdorp and Witwatersrand formations to assess deliverability and gather additional information on helium and methane concentrations.
If NGT245 D intersects gas, D3 Energy plans to undertake production testing to inform decisions on well interference, spacing, and potential additional Production Right applications to South African authorities.