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    Australia's Tlou Energy Close to Gas Production at Botswana CBM Project

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Summary

Australia listed Tlou Energy said Monday that Selemo pilot pod, at Lesedi CBM project in Botswana, has now displayed evidence of first gas breakthrough.

by: shardul

Posted in:

Asia/Oceania

Australia's Tlou Energy Close to Gas Production at Botswana CBM Project

Australia listed Tlou Energy said Monday that Selemo pilot pod, at Lesedi CBM project in Botswana, has now displayed evidence of first gas breakthrough.

The Lesedi CBM project area includes the Lesedi pod and the Selemo pod.

“The Selemo pod has seen casing pressure increase steadily over the past week. Tlou is encouraged by the build- up of casing pressure at Selemo and expects, based on the continued build-up of gas pressure, that the pilot should start flowing gas in the near future,” the company said.

Tlou added that it is progressing with downstream gas marketing initiatives in the background while the focus of activities remains on the dewatering process.

The Lesedi CBM project’s prospecting licenses extend for approximately 3,800km2 in the Karoo Kalahari Basin, southeastern Botswana. According to Tlou, numerous exploration and appraisal work programmes have resulted in an independently certified 2.3 TCF of 3C, and 152 BCF of 2C contingent gas resources.