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It was another busy week in the junior oil and gas sector, with management changes and strategy rethinks among the features.
Company
LON:TLOU
Tlou Energy Ltd is developing energy solutions in Sub-Saharan Africa through gas-fired power and ancillary projects. The Lesedi Gas-to-Power Project is 100% owned and is the company's most advanced project. Tlou's competitive advantages include the ability to drill cost-effectively for gas, operational experience and Lesedi's strategic location in relation to energy customers.
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It was another busy week in the junior oil and gas sector, with management changes and strategy rethinks among the features.
"The approval of the company's tender represents great progress for Tlou,” said Tony Gilby, managing director.
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at the day's major movers in London on Wednesday, including Yu Group, Argo Blockchain, Tavistock Investments, Finablr, Moss Bros, Speedy Hire and Indivior
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A glance at some of the day's highlights from the Proactive Investors newswire
Tlou is seeking further clarity from the Botswana authorities after an announcement was published in a domestic newspaper.
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The mid-cap FTSE 250 was also a shade higher - adding around two points at 19,369
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It was quite a busy week in the small cap oil and gas sector.
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at some of the biggest risers and fallers in London on Wednesday.
“The granting of the downstream EIS is great news for the company as it gives the final environmental authorisation for the initial proposed development," said boss Tony Gilby
In the near term, the company awaits the outcome of well testing and separately the CBM tender process
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A glance at some of the day's highlights from the Proactive Investors newswire
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It was a short but busy week, for the oil and gas sector.
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A glance at some of the day's highlights from the Proactive Investors newswire
Tlou has seen a number of recent project milestones and it has now further strengthened its financial position
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The premier UK share index finished around 33 points higher at 7,469
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It was another busy week in the oil and gas sector with funding deals, project updates and customary financial results.