D3 Energy Limited (ASX:D3E): Nooitgedacht Drilling Programme Advances Helium and Gas Evaluation

Aditi Sarkar

30 September 2026 04:04 PM AEST

D3 Energy Limited (ASX:D3E): Nooitgedacht Drilling Programme Advances Helium and Gas Evaluation

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Highlights

D3 Energy continued evaluating helium and Natural Gas opportunities at its South African projects.
The Nooitgedacht wells identified gas-bearing zones during drilling activities.
The company commenced remedial work to address technical issues affecting flow performance.
D3 Energy reported an updated helium resource position during 2026.
Future updates will focus on well testing, production potential and regulatory progress.

D3 Energy Limited (ASX:D3E) is a helium and natural gas exploration company focused on projects in South Africa and Australia. During 2026, the company continued advancing its Nooitgedacht project in South Africa, with drilling results, resource evaluation and technical studies forming key areas of activity.

Nooitgedacht Drilling Programme

D3 Energy’s Nooitgedacht drilling programme provided additional geological information during 2026. The company reported gas-bearing zones in the NGT245 D and NGT245 E wells. Testing activities identified gas presence, although sustained commercial flow had not yet been demonstrated. The company initiated remedial cementing activities to address water movement affecting the gas-bearing zones.

Technical Evaluation Activities

The company identified low reservoir pressure and water movement as technical factors affecting well performance. Remedial work was designed to isolate deeper water zones and support further evaluation of gas flow potential. The results of these activities will provide additional information regarding reservoir characteristics and future development pathways.

Helium Resource Position

D3 Energy announced an increase in certified helium resources during 2026. The company reported updated contingent and prospective helium resource estimates following technical assessment work. Resource estimates remain subject to further evaluation and development studies before any commercial production decisions can be made.

Project Portfolio and Exploration Areas

Alongside Nooitgedacht, D3 Energy holds exploration interests in South Africa’s Free State Province and helium and hydrogen permits in Australia’s Arckaringa Basin. These Assets form part of the company’s broader strategy to evaluate energy resources across different regions.

Development Considerations

Helium exploration and development projects involve technical, regulatory and commercial considerations. Successful drilling results require further assessment through testing, processing studies, infrastructure planning and customer arrangements. Regulatory approvals and access to Capital are also important factors in progressing exploration projects towards potential production.

Risks and Areas to Monitor

The key areas to monitor include results from remedial work, sustained gas flow testing, additional drilling activities and regulatory approvals. Exploration-stage projects carry uncertainty because resource estimates and early well results require further validation. Funding requirements may also influence the pace of future development activities.

Future Project Updates

Future company announcements may provide information on Nooitgedacht well performance, helium evaluation activities, exploration programmes and potential commercial pathways. Progress on regulatory approvals and development planning will also provide further insight into the company’s project advancement.

Key Insights

D3 Energy’s 2026 activities highlight the ongoing evaluation of helium and gas resources through drilling and technical studies. The Nooitgedacht project has provided geological information while also highlighting the technical challenges associated with early-stage resource development. Continued testing, evaluation and project planning will determine the next stages of development.

FAQs

Q: What does D3 Energy Limited focus on?

A:D3 Energy Limited focuses on helium and natural gas exploration activities in South Africa and Australia.

Q: What is the Nooitgedacht project?

A:Nooitgedacht is a helium and gas exploration project located in South Africa.

Q: What was identified during drilling activities?

A:The company reported gas-bearing zones in the NGT245 D and NGT245 E wells.

Q: What factors influence future progress?

A:Testing results, regulatory approvals, funding and technical studies influence future progress.

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