Kinetiko Energy Ltd (ASX:KKO)
Kinetiko Energy Limited is an Australia-based energy exploration company. The Company is focused on advanced gas and coal bed methane (CBM) opportunities in developing markets in Southern Africa. Its flagship project includes Amersfoort Gas Project in South Africa. The Amersfoort Gas Project is an Exploration programs conducted for the accumulations of onshore shallow gas. The gas is found in both the sandstone and coal formations across ER 38, ER 56, and ER 271 with gas identified in exploration. The Company has a exploration area of approximately 7000 square kilometer. It holds 49% interest in Afro Energy (Pty) Ltd, a joint venture structured as a partnership between the Company and Badimo Gas (Pty) Ltd.