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Botala Energy targets gas for energy transition in Botswana

Botala Energy targets gas for energy transition in Botswana

Botala Energy Ltd (ASX:BTE) CEO Kris Martinick details the company’s goals and recent progress in an interview with Proactive.

Dual-listed on the Botswana and ASX stock exchanges, Botala is focused on diversifying energy sources, primarily using gas to transition to cleaner energy forms like solar and batteries.

It’s been a solid year of progress for the company, moving from IPO and exploration to appraisal, bringing gas to surface on more than one occasion, and now transitioning from a prospecting to a mining licence, with environmental approvals expected in the new year.

The company also achieved some operational refinements, reducing well drilling time on their licences from 45 days to 10.