viewTlou Energy Limited

Q2 'the one to watch' for Tlou Energy as it approaches key milestones

Tlou Energy Limited's (LON:TLOU) Tony Gilby caught up with Proactive London's Andrew Scott to update on its drilling programme in Botswana.

Two development pods – each containing three wells - have been completed and they are now de-watering prior to controlled gas flows.

Looking ahead, Gilby says the second quarter of 2019 will be the one to watch for the company with news expected on its Request for Proposal (RFP) for Development of CBM fuelled power plants, gas production from its Lesedi wells, developments around a potential funding package to get the gas into the grid as well as progress towards securing the final downstream environmental approvals.

Quick facts: Tlou Energy Limited

Price: 2.7 GBX

Market: AIM
Market Cap: £12.15 m

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Tlou Energy's Tony Gilby hails receipt of interim power purchase agreement

Tlou Energy Ltd's (LON:TLOU) Tony Gilby speaks to Proactive London's Andrew Scott after confirming they've received an interim power purchase agreement (PPA) for its coal bed methane fuelled gas-to-power project in Botswana. He says the interim PPA has been agreed with the Botswana Power...

on 6/4/20

2 min read