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Pin to quick picksTlou Energy Share News (TLOU)

Share Price Information for Tlou Energy (TLOU)

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Share Price: 2.00
Bid: 1.90
Ask: 2.10
Change: 0.00 (0.00%)
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Tlou Energy completes first Lesedi well pod

Tue, 12th Feb 2019 11:16

(Sharecast News) - Tlou Energy successfully completed the drilling of the its first development pod at its coal bed methane project in Botswana on Tuesday.The Southern African focused natural gas company said that the pod was completed through the intersection of both the Lesedi 3A and Lesedi 3B lateral wells with the Lesedi 3P vertical well.Following installation of production equipment, dewatering and gas flow testing will commence at Lesedi 3, while the drill rig is being moved to the second planned production pod, Lesedi 4.The wells are being drilled as 'dual lateral pods', comprised of a single vertical production well intersected by two lateral wells, with the lateral wells are being drilled through the gassy coal seam and gas extracted from this coal produced through the vertical production well where it can be gathered and used for power generation."Following this morning's update, we continue to be very satisfied with progress on the ground at Lesedi and eagerly look forward to flow test results in due course. Our fair value estimate stands at approximately 25p/share and, with an active work programme underway and strong progress being made, we continue to see excellent scope for Tlou to become a leading Southern African-focused independent power producer," said a note from analysts at Shore Capital.Tlou Energy's shares were down 0.81% at 6.10p at 1231 GMT.
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27 Jul 2018 11:27

Tlou Energy selected to re-tender for Botswana power contract

(Sharecast News) - Tlou Energy on Friday told investors that it is one of two companies invited to re-tender for up to 100 megawatts coal-bed-methane fueled power projects in Botswana by the country's government.

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27 Jul 2018 11:16

Tlou Energy Shortlisted For Re-Tender Of Plant Development Proposal

LONDON (Alliance News) - Tlou Energy Ltd said on Friday it is one of two companies to be invited for the retender of the request for proposal of the development of 100 megawatts of coal bed power

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25 Jul 2018 13:33

Tlou Energy To Drill New Pilot Production Well In Botswana

LONDON (Alliance News) - Tlou Energy Ltd said Wednesday that it is preparing to drill a new pilot production well close to its central processing facility in Botswana.The company, which on

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23 Apr 2018 15:59

Tlou Energy Reports Significant Upgrade To Gas Reserves

LONDON (Alliance News) - Tlou Energy Ltd on Monday reported very significant upgrade to gas reserves at its Mamba and Lesedi projects in Botswana.The company said proved and probable gas to

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15 Feb 2017 16:19

Tlou Energy reports significant upgrade to gas reserves

(ShareCast News) - Botswana-focussed coalbed methane developer Tlou Energy announced a significant upgrade of reserves for the Lesedi CBM Project, and initial reserves for the Mamba Project in Botswana on Wednesday. The AIM and ASX-traded company reported a 44% increase in proved and probable gas Re

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31 Jan 2017 09:39

Tlou Energy Edges Closer Toward Developing Botswana Power Project

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12 Oct 2016 11:07

Tlou Energy receives initial certification for Lesedi

(ShareCast News) - Botswana and southern Africa-focused coalbed methane developer Tlou Energy announced on Wednesday that it has received an initial Independent Reserve Certification from SRK Consulting, for the Lesedi CBM Project located in prospecting licence PL002/2004 in Botswana. "I am absolute

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12 Oct 2016 07:00

Tlou Becomes First Company To Get Certified Gas Reserves In Botswana

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23 Aug 2016 10:20

Tlou Energy renews agreement with General Electric

(ShareCast News) - AIM-listed Tlou Energy has renewed a cooperation agreement with General Electric and Australia's IK Holdings for the delivery of a proposed gas to power solution for Botswana. The agreement provides the framework for co-operation between the parties in relation to sharing of infra

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23 Aug 2016 07:18

Tlou Energy Renews Co-Operation Agreement In Botswana

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5 Jul 2016 12:01

Tlou Energy selected to develop CBM power plant at Lesedi

(ShareCast News) - Shares in Tlou Energy bounded ahead nearly a quarter on news it has been selected to develop a coal-bed methane (CBM) power plant at its 100%-owned Lesedi CBM Project in Botswana. It won the approval from Botswana's Public Procurement and Asset Disposal Board "Although we always

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5 Jul 2016 08:24

Tlou To Develop 50 Megawatt Power Plant At Lesedi Project, Botswana

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29 Jun 2016 07:48

Tlou Energy Resumes Gas Testing At Botswana Site With Positive Results

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21 Jun 2016 07:36

Tlou Energy Awaits Tender Results For Coalbed Methane Pilot Project

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23 May 2016 06:54

Tlou Energy Loses Third Largest Shareholder As Talon Metals Sells Up (ALLISS)

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