Tlou’s Lesedi pods achieve sustained gas flows
As planned, water rates in both pods have continued to decline, with both Lesedi 3 and 4 production pods having successfully commenced flowing sustained rates of gas.
CBM
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Tlou Energy releases operational report of quarter ending 30 June
Tlou Energy Limited has listed the key events during the quarter ending 30 June for the Lesedi CBM project.
Tlou Energy issues gas flow testing update at Lesedi
The Lesedi 4 pod has reached critical desorption pressure, and a short-term gas flow test conducted at the Lesedi 3 pod yielded positive results.
Tlou Energy project development update
Lesedi 3 has reached critical desorption pressure; Lesedi 4 continues to be carefully dewatered in a consistent and controlled manner.
Tlou Energy announces confirmation of tender approval
In October 2018, the company submitted its comprehensive response to the request for proposal for the development of a maximum of 100 MW of CBM fuelled power plants in Botswana.
More CBM news
Tlou Energy announces public procurement and asset disposal board decision
The company will liaise with the Ministry of Minerals Resources, Green Technology and Energy Security and the PPADB to obtain further clarity on the decision, and will update the market once official confirmation has been received.
Tlou completes placement with Botswana based investors
The company has successfully completed a targeted, private placement to sophisticated investors in Botswana raising BWP21.8 million before costs.
Tlou Energy finalises AUS$1.2 million equity raising at premium with 12 month escrow
Tlou Energy has completed an equity placement to Sophisticated Investors totalling approximately AUS$1.2 million.
Tlou Energy confirms new prospecting licence area
The company has been awarded a new CBM prospecting licence by the Department of Mines at the Ministry of Mineral Resources, Green Technology and Energy Security in Botswana.
First development pod completed at Lesedi 3
Tlou Energy has successfully completed the drilling of the Lesedi 3 development pod at its CBM project in Botswana.
Tlou Energy addresses ASX query; issues response
Tlou Energy has responded to a query from the ASX regarding the company's Appendix 5B for the period ended 31 December 2018.