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; [email protected]; @SamUAtAlliance
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