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IN BRIEF: Tlou Energy begins work at Lesedi Gas-to-Power project

13th Apr 2023 16:57

Tlou Energy Ltd - Brisbane, Australia-based power project developer with large gas field in Botswana - Says work has begun on the next phase of drilling at Tlou's Lesedi Gas-to-Power project. The Lesedi 6 gas production pod spudded on Monday and is at a depth of about 59 metres. The objective of the pod is to increase the volume of gas available to the company for power generation, Tlou says. Adds that once Lesedi 6 is drilled and completed, dewatering will commence and thereafter the well will start to establish an indicative gas flow rate.

Current stock price: 2.40 pence, up 9.3% in London on Thursday

12-month change: up 23%

By Sophie Rose, Alliance News reporter

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Copyright 2023 Alliance News Ltd. All Rights Reserved.


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