Remedial Work Unlocks Helium-Rich Gas Sample for D3 Energy Limited (ASX:D3E)

Aditi Sarkar

06 October 2026 01:52 PM AEDT

Remedial Work Unlocks Helium-Rich Gas Sample for D3 Energy Limited (ASX:D3E)

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Highlights

Remedial cementing at well NGT245 E isolated deeper water zones restricting gas flow.
Gas analysis returned 5.2% helium and 49.7% methane.
Nooitgedacht lies about 40km from the Production Right application area.
Further targeted remedial work planned before production testing.

D3 Energy Limited (ASX:D3E) has completed remedial cementing at well NGT245 E in the Nooitgedacht area, within its 100%-owned ER315 permit in South Africa's Free State Province. The work isolated deeper water zones that had restricted gas flow, allowing gas samples to be collected and analysed.

Helium Concentration Confirmed

Analysis confirmed a helium concentration of 5.2% and methane of 49.7%. Managing Director David Casey described the result as another world-class helium concentration and said it demonstrates the true scale of the helium system across the company's South African assets.

The ER315 permit has previously delivered helium concentrations of up to 8%.

Significance of the Nooitgedacht Location

Nooitgedacht is located approximately 40 kilometres from the company's Production Right application area and represents D3's first drilling operation at this site.

High-resolution seismic data recently acquired at Nooitgedacht will support refinement of structural interpretation, which the company expects will assist in converting contingent helium resources into reserves.

Next Steps and Broader Portfolio

D3 continues to analyse camera and log data from the wells and plans further targeted remedial work before production testing. Remediation at well NGT245 D will resume after a stabilisation period following initial cementing.

The company holds approximately 469,847 acres across the Free State Province. Its Production Right Application for PR016 remains under assessment by Petroleum Agency SA, and it has also acquired helium and hydrogen permits in Australia's Arckaringa Basin.

Key Takeaways

Remedial cementing at NGT245 E enabled sampling that returned 5.2% helium.
Seismic data is expected to support efforts to convert contingent resources into reserves.
Additional remedial work will precede production testing.

FAQs

Q: What did D3 Energy announce?

A:D3 Energy reported a 5.2% helium concentration from gas flow at well NGT245 E at Nooitgedacht.

Q: Where is Nooitgedacht located?

A:It is within the ER315 permit in South Africa's Free State Province, about 40km from the Production Right application area.

Q: What was the methane content?

A:The gas sample contained 49.7% methane.

Q: What is the status of the PR016 application?

A:The Production Right Application remains under assessment by Petroleum Agency SA.

Q: What happens next?

A:The company plans further targeted remedial work before production testing.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.