Botala Energy Ltd (ASX:BTE) CEO Kris Martinick talks with Proactive’s Tylah Tully about the company’s significant progress, including a 43% uplift in CBM resources at the Serowe CBM Project in Botswana.
This milestone marks the first update since the company's IPO and provides a strong foundation for a small-scale project.
During the discussion, Martinick highlighted the $1.87 million raised in October, which will be directed towards advancing the development.
“We know that we’ve got sufficient gas to get a small project underway,” he said, expressing optimism about targeting production soon.
The company is entering a busy and exciting phase, with plans shaping up for the coming months. With a clear direction and a boost to resources, Botala Energy is poised for its next steps in gas production.