Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

Tlou Energy advances CBM well toward production phase

Tlou anticipates initial production performance statistics will be available during the second quarter of this year

Tlou Energy Ltd (LON:TLOU) told investors that it has now begun production testing operations at the Lesedi coal bed methane project in Botswana.

The company, in a statement, said that the Lesedi 3 development pod has been completed with surface production equipment now installed and operational.

At the moment the company must proceed with de-watering and the lowering of pressure in the coal seam in order to start gas flows.

READ: Tlou Energy believes it will likely secure investment in near term

It anticipates initial production performance statistics will be available during the second quarter of this year.

In the meantime, drilling work continues at the Lesedi 4 pod. The 4A lateral well has so far been drilled, and work on the 4B lateral is presently underway.

It is planned that 4B will be the final well in the current drilling programme.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK