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FINWIRES

D3 Energy Resumes Two-Well Drilling Program in South Africa, Shares Down 4%

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D3 Energy (ASX:D3E) said its crew is scheduled to remobilize and resume drilling at its Nooitgedacht two-well program in South Africa, following a brief demobilization last week due to excessive wet weather conditions, according to a Monday Australian bourse filing.

The company said the forward program remains unchanged, with production casing to be run and cemented in both wells, followed by drilling out of the cement plug, hole clean-up and commencement of production testing of both wells.

The company's shares fell 4% in recent Monday trade.

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