Perth-based energy exploration company Kinetiko Energy has completed interpretation of its third aeromagnetic survey over its permits in South Africa.
Perth-based energy exploration company Kinetiko Energy has completed interpretation of its third aeromagnetic survey over its permits in South Africa.
The latest survey flew 12,610 line km across the project bringing the total area of aeromagnetic flown to-date to 32,204 km since 2014 all with landowner approvals.
The survey used line spacing: 50m and tie line spacing of 500m at a flying height of 35 m.
Interpretation was based on magnetic intensity reduced to pole images. Resulting analysis indicates that a total of 42 new compartments, measuring collectively over 264 km2 and fit for investigation, have been discovered in the survey areas. This adds to the existing 37 compartments already identified by previous aeromagnetic surveys and provides the company with 79 potentially viable sites.
‘This demonstrates that more than half of the total area flown comprising an enormous prospective area is suitable for gas hosting compartments and has a common surface geology to the gas-proven areas already under exploration and appraisal programmes,’ said Kinetiko in a statement.
Kinetiko is exploring the region for hydrocarbons in joint venture with Afro Energy.
