The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Tlou Energy Says Selemo Pilot Well Testing In Line With Expectations

Fri, 29th Jan 2016 10:43

LONDON (Alliance News) - Tlou Energy Ltd on Friday said production testing on the new wells at the Selemo prospect within the Lesedi coal-bed methane project in Botswana has continued in line with its expectations.

Tlou submitted an environmental impact statement for the Lesedi project in the quarter to the end of December and will continue work on the Selemo pilot wells in the coming quarter to the end of March.

The company said testing has been in line with its expectations, with gas pressure now building well.

Tlou shares were untraded on Friday, having last traded at 5.90 pence.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

Related Shares

More News
29 Apr 2024 16:28

TRADING UPDATES: Libertine's strategic review; One Health sales up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

26 Apr 2024 20:02

TRADING UPDATES: Facilities by ADF profit hit by Hollywood strikes

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

28 Mar 2024 10:28

TRADING UPDATES: Develop North net asset value down amid rising rates

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News:

8 Mar 2024 10:22

Tlou makes solid progress at Lesedi in first half

(Sharecast News) - Tlou Energy reported significant progress towards its goal of introducing gas-fired power into the Botswana grid later this year in...

8 Mar 2024 10:05

IN BRIEF: Tlou Energy income rises in first half; loss narrows

Tlou Energy Ltd - Botswana and Southern Africa-focused energy company - In the first half of the year ending June 30, interest income rises to AUD11,3...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.