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    Tlou Energy Starts Gas Production Testing at Botswana CBM Project

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Summary

Coal bed methane explorer Tlou Energy Limited has commenced gas production testing from the Selemo 1 pilot well at its Lesedi CBM project in Botswana.

by: Shardul

Posted in:

Asia/Oceania

Tlou Energy Starts Gas Production Testing at Botswana CBM Project

Coal bed methane explorer Tlou Energy Limited has commenced gas production testing from the Selemo 1 pilot well at its Lesedi CBM project in Botswana.

“The aim of the gas testing program is to provide evidence of a sustainable gas production rate achievable from the field and develop the first wells flowing commercial rates of gas in Botswana,” the company said Thursday.

Initial results at Selemo 1 are very encouraging having achieved extended periods of consistent gas flow in line with management expectations and sustained flows anticipated imminently, Tlou added.

“We expect to announce a series of updates in the coming weeks which will provide the key data required to book independently certified reserves, thereby de-risking the project further. Moreover, this data will provide further confidence to strategic off-takers whom we are currently in advanced discussions with regard to gas supplies,” Tlou Acting Managing Director Gabaake Gabaake said.

The Lesedi CBM project licences extend for approximately 8,500km2 (2.1 million acres) in the Karoo Kalahari Basin, southeastern Botswana. According to company website, numerous exploration and appraisal work programs have resulted in an independently certified 3.3 TCF of 3C, 239 BCF of 2C and 5 BCF of 1C contingent gas resources.