TMK to kick off drilling at Mongolian CBM project
Sydney-listed TMK Energy, formerly Tamaska Oil and Gas, is expected to begin drilling at the Gurvantes XXXV coalbed methane (CBM) project in Mongolia within a week, it said on March 9 in a statement.
The company said the drilling contractor and the TMK team have started mobilisation to the Gurvantes project in the South Gobi basin, in preparation for the initial drilling programme.
“The initial drilling programme is scheduled to commence within the next week and will comprise of at least four full tested cored holes within the western portion of the Gurvantes XXXV license in an area known as Nariin Sukhait,” TMK said.
The Nariin Sukhait area is known to contain two thick, high-quality, coal seam groups and historical CBM data acquired from a series of five wells indicates high gas contents. The drilling programme has been designed to intersect these thick coal seams at suitable depths for gas development, the company said.
The project covers an area of 8,400 km2 and is situated around 20 km from the Chinese-Mongolian border and close to the northern China gas transmission and distribution network.
TMK last month completed the acquisition of Telmen Energy, which held a 100% interest in the Gurvantes XXXV project.