OPERATIONS

Kinetiko approved to acquire majority stake in Afro Energy

KINETIKO Energy has received approval from the South African government to acquire a controlling stake in local energy company Afro Energy, giving it full ownership of 7000sq-km of gas exploration acreage and a simplified ownership structure.

Seeks shareholder approval

Seeks shareholder approval

The Australian gas explorer said this morning its acquisition was approved by the Department of Mineral Resources and Energy. Kinetiko will acquire 51% of Afro, which holds exploration rights and applications...

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