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Corporate Presentation

15 Jun 2020 07:00

RNS Number : 8867P
Tlou Energy Ltd
15 June 2020
 

 

15 June 2020

 

Tlou Energy Limited

("Tlou" or "the Company")

 

Corporate Presentation

 

 

Tlou Energy Limited is an ASX, AIM and BSE listed company focused on generating cleaner power in Botswana for supply into the local and regional power markets.

 

The Company has released a new presentation which is available to view on the Company's website http://tlouenergy.com/presentations.

 

For further information regarding this announcement please contact:

Tlou Energy Limited

+61 7 3012 9793

Tony Gilby, Managing Director

Solomon Rowland, General Manager

Grant Thornton (Nominated Adviser)

+44 (0)20 7383 5100

Colin Aaronson, Harrison Clarke, Samantha Harrison, Seamus Fricker

Shore Capital (Broker)

+44 (0) 207 408 4090

Jerry Keen, Toby Gibbs

 

Company Information

Tlou Energy is focused on delivering Power solutions to Botswana and southern Africa to alleviate some of the chronic power shortage in the region. Tlou is currently developing projects using gas and plans to combine this with solar power to provide a cleaner base load power source.

 

Botswana has a significant energy shortage and generally relies on imported power and diesel generation to fulfil its power requirements. Tlou's Lesedi Power Project provides investors with access to a compelling opportunity to displace expensive, carbon intensive diesel and imported coal-fired electricity with a cleaner and more environmentally friendly alternative.

 

In addition to plans for cleaner energy, the Company is also committed to developing community projects in Botswana adding real value to peoples' lives in a region with sparse services and where few opportunities exist for the local population. This includes work to assist communities to become self-sustaining, develop business opportunities, improve access to education and create opportunities for self-employment and wealth creation.

 

The Company is listed on the Australian Securities Exchange, London's AIM market and the Botswana Stock Exchange and is led by an experienced Board, management and advisory team.

 

The project is significantly de-risked. The Company produced its first gas in 2014, has a Mining (or development) Licence valid to 2042 and 10 Prospecting (or exploration) Licences. The Company's project acreage covers a vast area spanning approximately 9,300 Km2 in total.

 

Tlou's 'Lesedi' and 'Mamba' projects already benefit from significant independently certified 2P gas Reserves of ~41 Billion Cubic Feet (BCF). In addition, 3P gas Reserves of ~427 BCF and Contingent Gas Resources of ~3,043 BCF provide significant additional potential.

 

The Company is planning an initial scalable power project. Following successful implementation of this first scalable project, the Company looks forward to evaluating longer-term prospects for the delivery of additional electricity to Botswana and to neighbouring countries.

 

Forward-Looking Statements

This announcement may contain certain forward-looking statements. Actual results may differ materially from those projected or implied in any forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results. No representation is made that any of those statements or forecasts will come to pass or that any forecast results will be achieved. You are cautioned not to place any reliance on such statements or forecasts. Those forward-looking and other statements speak only as at the date of this announcement. Tlou Energy Limited undertakes no obligation to update any forward-looking statements.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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MSCZZGMVDDVGGZM
Date   Source Headline
12th Apr 20197:00 amRNSAllotment of Placement shares
8th Apr 20197:00 amRNSAUD$1.2 million equity raising at premium
1st Apr 20197:08 amRNSNew Prospecting Licence Area
18th Mar 20197:00 amRNSField Operations Update
13th Mar 20197:00 amRNSTender Technical Stage Decision Approved
26th Feb 20197:00 amRNSInterim Results
25th Feb 20197:00 amRNSProduction testing underway at Lesedi
12th Feb 20197:00 amRNSFirst development pod successfully completed
6th Feb 20194:30 pmRNSASX query and response
23rd Jan 20197:00 amRNSOPERATIONAL REPORT - QUARTER ENDING 31 DEC 2018
15th Jan 20197:00 amRNSRecommencement of Drilling and Operational Update
4th Dec 20187:00 amRNSTop-hole drilling successfully completed at Lesedi
20th Nov 20187:00 amRNSOperations Update - Excellent Progress at Lesedi
6th Nov 20187:00 amRNSOperations Update
30th Oct 20187:00 amRNSOPERATIONAL REPORT - QUARTER ENDED 30 SEPT 2018
22nd Oct 20187:00 amRNSOperations Update
19th Oct 201812:42 pmRNSIssue of Performance Rights
17th Oct 20187:00 amRNSResults of AGM and Chairman's Address
10th Oct 20182:26 pmRNSTender Submitted
17th Sep 20187:10 amRNSOperations Update
17th Sep 20187:00 amRNSNotice of Annual General Meeting
6th Sep 20181:56 pmRNSChange to RFP submission date
30th Aug 20187:00 amRNSFinal Results
28th Aug 20187:00 amRNSConference Presentation
13th Aug 20181:26 pmRNSOperations Update and RFP bidders meeting
31st Jul 20187:00 amRNSHoldings in Company
31st Jul 20187:00 amRNSSouthern African Power Market Study
27th Jul 20187:05 amRNSGovernment Releases Re-tender of 100MW RFP
25th Jul 201811:43 amRNSOPERATIONAL REPORT - QUARTER ENDING 30 JUNE 2018
18th Jul 20182:18 pmRNSOperations Update
13th Jul 20187:00 amRNSDirectors participation in the Entitlement Offer
11th Jul 20187:00 amRNSEntitlement Offer Closes
28th Jun 20187:00 amRNSOperations Update
20th Jun 20187:38 amRNSEntitlement Offer - Dispatch of Booklet
8th Jun 20187:49 amRNSEntitlement Offer - Letters to Shareholders
6th Jun 20189:47 amRNSEquity Placement and Entitlement Offer
17th May 20187:00 amRNSCorporate Presentation
23rd Apr 20187:00 amRNSOPERATIONAL REPORT - QUARTER ENDING 31 MARCH 2018
22nd Feb 20188:02 amRNSInterim Results
20th Feb 20189:45 amRNSFurther material increase in Gas Reserves
15th Feb 201811:22 amRNS100 MW Request for tender debrief meeting
12th Feb 20184:18 pmRNSGovernment Request for Re-tender of 100MW RFP
23rd Jan 20187:00 amRNSOPERATIONAL REPORT - QUARTER ENDING 31 DECEMBER
22nd Dec 201711:53 amRNSHolding(s) in Company
20th Dec 201712:33 pmRNSHolding(s) in Company
19th Dec 20177:00 amRNSCore-hole Drilling Operations Update
18th Dec 20177:00 amRNSIssue of Shares - Performance Rights Plan
12th Dec 20177:00 amRNSListing on BSE approved and issue of share capital
4th Dec 201712:51 pmRNSExercise of Options
28th Nov 20177:00 amRNSSeismic Survey and Core-hold Operations Update

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