viewTlou Energy Limited

Tlou Energy Limited reveals both Lesedi pods have now achieved sustained gas flows

The pods will provide the starting point for a coal-bed-methane based gas-to-power venture in Botswana.

Tlou Energy Ltd - Tlou Energy Limited reveals both Lesedi pods have now achieved sustained gas flows

Tlou Energy Limited (LON:TLOU) told investors that the Lesedi 3 and Lesedi 4 production pods have now both achieved sustained gas flow rates.

In a statement the company said that each pod has showed an initial sustained gas flow of about 20 thousand cubic feet per day (Mcfd). These rates are expected to increase steadily towards peak and commercial flow rates.

“The company is very encouraged by production data and well performance to date and look forward to providing further updates in due course,” the company said.

The Lesedi production pods are the initial basis of a planned coal-bed-methane sourced gas-to-power venture in Botswana.

Tlou is targeting first electricity sales are targeted in 2020.

Quick facts: Tlou Energy Limited

Price: 1.8 GBX

Market: AIM
Market Cap: £9.45 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Tlou Energy Limited named herein, including the promotion by the Company of Tlou Energy Limited in any Content on the Site, the Company...


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