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D3 Energy Limited (ASX:D3E)

ALERT: Price-sensitive ASX Announcement for D3E
Current share price for D3E : $0.330 -0.19 (-36.54%)+
Announcement
Release
10 Sep 2025 11:41AM
Price at Release
$0.520
Full Release
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Summary
D3 Energy Limited, an Australian company, presented at the Good Oil & Gas Energy Conference about their operations focused on helium and biogenic methane resources. The company's significant assets are located in the Free State of South Africa and South Australia. Their exploration activities, particularly in the ER315 area, have revealed high helium concentrations, indicating substantial potential. This area is characterized by extensive deep faulting, acting as conduits for helium and methane, allowing for low-cost recovery from shallow wells. D3 Energy is focused on becoming a key player in the global helium market, with plans for further exploration and development, including the submission of Production Right applications and seeking joint ventures for their South African projects. The company's strategic locations and geological advantages position it well for future growth in the energy sector.
Key Points
  • D3 Energy Limited operates in South Africa and South Australia focusing on helium and biogenic methane.
  • The ER315 area shows high helium concentrations and potential for low-cost recovery.
  • Extensive faulting provides conduits for helium and methane in the South African Free State.
  • D3 Energy plans further exploration and development, including Production Right applications.
  • The company aims to become a key player in the global helium market.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.