- Work has commenced on a well workover program in preparation of pilot gasto-CNG production. - Specialists in design and provision of process control and pumping systems Endress & Hauser AG and Franklin Electric Co have commenced repairs and upgrades to downhole pumping and surface metering and control equipment. - The well workover program is scheduled for completion by mid-December 2020 with first pilot gas to CNG production estimated to commence in early 2021. - The company is in advanced discussions with established gas traders as potential off takers. - The pilot production program will enable Kinetiko to generate first revenues and seek the certification of first gas reserves.
KKO Price at posting:
12.5¢ Sentiment: None Disclosure: Held
