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.
CBM
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.
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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 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.
DIVERGENT Energy Services provides operations update
DIVERGENT Energy Services Corp. provides updates on its electric submersible pump and linear electromagnetic submersible pump operations.
More CBM news
Tlou Energy releases operational report for 4Q18
Tlou Energy has released its operational report in respect to the Lesedi and Mamba CBM projects in Botswana, for the quarter ended 31 December 2018.
Tlou Energy recommences drilling at Lesedi CBM project
The Tlou Energy Lesedi CBM Project in Botswana currently has sufficient gas reserves for an initial development of 10 MW based on 2P gas reserves of ~41 billion ft3.
Labor’s Federal EPA will cost jobs and investment, says MCA
Australia’s Labor Party is set to add another layer of green bureaucracy, which will cost jobs, discourage investment and make it easier for activists to disrupt and delay projects in the minerals sector.
Tlou Energy provides drilling update for Lesedi CBM project
Top-hole drilling for both lateral and vertical sections for production pods Lesedi 3, Lesedi 4 and top-hole drilling for the optional production pod Lesedi 5 have been completed successfully.
Progress being made at Lesedi CBM project
Tlou Energy Limited has provided an update on its drilling operations at the Lesedi CBM project in Botswana.
Inlandsis Fund and ECC to abate mine methane at Bailey coal mine
Inlandsis Fund and Environmental Commodities Corporation have signed an agreement to expand a leading mine methane abatement project.