Australia's D3 Energy surges as helium flows restored at South Africa project
06/10/2026 05:29
BUZZ-Australia's D3 Energy surges as helium flows restored at South Africa project ** D3 Energy D3E.AX jumps as much as 14.3% to A$0.28, its sharpest intraday rise since July 23, hitting a three-week high
** Helium gas explorer says remedial work at NGT245 E well restored gas flow and reconfirmed high helium concentrations at its ER315 permit in South Africa
** Adds, sampling after gas flow was restored further confirmed “world-class” helium concentrations of 5.2% at NGT245 E
** Co says further remedial work is planned ahead of production testing, while NGT245 D operations will resume shortly following post-cementing stabilisation
** YTD, stock down 31.3%
(Reporting by Tejas Harish in Bengaluru)
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