Genexco GmbH Advances Kinsau Gas Project and Secures Reudnitz License Extension

Reuters08-05

Genexco GmbH Advances Kinsau Gas Project and Secures Reudnitz License Extension

Genexco GmbH, a wholly owned subsidiary of MCF Energy Ltd., is actively involved in two significant energy projects in Germany. As a 20% partner in the Kinsau Gas Project, Genexco is preparing for the drilling of the Kinsau-1A well in Lech, Bavaria. The site has been inspected and approved by the regional Mining Authority, and drilling operations are expected to commence shortly. This project, a re-entry and redrill of the original Kinsau-1 discovery well drilled by Mobil in 1983, aims to provide an alternative energy source to reduce Bavaria's dependency on imported energy. In addition, Genexco holds a 100% interest in the Reudnitz exploration license, where Phase 2 testing is underway for the Reudnitz Z2a well. The company has negotiated an option with Lime Petroleum, granting Lime the right to acquire an 80% participating interest in the license following successful testing and evaluation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MCF Energy Ltd. published the original content used to generate this news brief via CNW (Ref. ID: C5122) on August 05, 2025, and is solely responsible for the information contained therein.

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