D3 Energy Limited (ASX:D3E) remains a compelling and highly leveraged investment play on natural gas and helium prospectivity in South Africa and Australia.
The drilling campaign being conducted across ER315 represents a big and bold step out, being some 43km NW of the PR016 - Production Right Application (PRA) area.
Importantly, initial world class helium concentrations of 5.2% support the geological model of ‘scale on a regional basis’, offsetting the unexpected water issues encountered in the wells.
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D3 Energy Limited - The 'big step-out' confirms world class helium grades