D3 Energy Awarded Five New Technical Cooperation Permits
Key points
- Award of five new Technical Cooperation Permits (TCP280, TCP281, TCP282, TCP283 and TCP284)
- New permits cover approximately 47,000 acres in Free State Province
- Strengthens D3 Energy's position in a globally significant helium province
Full summary
D3 Energy Limited has been awarded five new Technical Cooperation Permits (TCP280, TCP281, TCP282, TCP283, and TCP284) by the Petroleum Agency SA, covering a combined area of approximately 47,000 acres in the Free State Province of South Africa. These new permits are contiguous to existing exploration areas and are expected to provide further low-cost exploration opportunities for helium and methane. The permits are part of D3 Energy's strategy to secure high-value acreage along proven producing structural zones. Upon completion of required studies, D3 Energy plans to apply for Exploration Rights over these areas.
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