RE: Morning all5 May 2023 06:44
Still on track V1 spud announcement must be due soon. THANK YOU FOR SUPPORTING TMK ENERGY LIMITED
TMK Energy Limited (ASX:TMK) (“TMK” or the “Company”), is pleased to provide an update on the current Pilot Well Drilling Program at the Gurvantes XXXV CSG Project (TMK 67%, Talon Energy 33%) in the South Gobi Basin of Mongolia.
Lucky Fox – 2 (LF-02) commenced drilling late on 3 May 2023 and is the second of three planned pilot production wells being undertaken in the Nariin Sukhait area within the Gurvantes XXXV CSG Project. LF-02 is located approximately 200 metres to the east-southeast of the Lucky Fox – 1 well which was recently completed in the production interval (comprising approximately 60 metres of gassy coal). As of 6am AEST today, LF-02 was drilling ahead at 138 metres in 121/4 inch hole having successfully set the surface conductor. GLA