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Pin to quick picksTlou Energy Share News (TLOU)

Share Price Information for Tlou Energy (TLOU)

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Tlou Energy reports significant upgrade to gas reserves

Wed, 15th Feb 2017 16:19

(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 Reserves to 3.9 billion cubic feet, and a 390% increase in proved, probable and possible gas reserves to 261 billion cubic feet.It said the increases comprised additional certified reserves in the Lesedi Project area based on a southern extension of the Selemo pilot area, and initial certified reserves in the Mamba Project area based on a western extension of the Selemo pilot area."This significant upgrade in reserves reinforces the commerciality of the Lesedi Gas Project," said managing director Tony Gilby."The success of the Selemo pilot in producing sustained gas flows for a substantial period suggests that there is significant gas production potential for the area."Our ongoing work to assess this continues in tandem with our planning for the staged delivery of a commercial CBM power facility, for which we have received a detailed Request for Proposal from the Government of Botswana."Gilby added that the company was "very pleased" to have received the first gas reserves in the Mamba Project area, which demonstrated the upside available within its portfolio."Together, we believe that the Lesedi and Mamba projects will continue to develop into a valuable resource for Tlou shareholders as we work towards increasing the certified gas reserves in both areas."Furthermore, the company is on track to become the first gas-to-power producer in Botswana."
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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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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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