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Tlou Energy says it's "well positioned for significant advancements”

Tlou Energy Ltd (LON:TLOU) CEO Tony Gilby quotes company financial results to highlight the significant achievements of 2018 and says it's in a good position to make “further advancements” in the coming months. Alongside him, speaking to Proactive London on the line from Botswana, is Executive Director Gabaake G. Gabaake who explains the company's latest RFP as well as the critical environmental approval process. News here too on how the company intends to work with local communities and 'give back' when possible.The results come as Tlou is advancing a well drilling and development programme at the Lesedi coal bed methane project, in Botswana. Earlier this week, Tlou told investors that it has begun production testing operations at Lesedi, following the completion of the Pod 3 infrastructure, and that it would now proceed with de-watering and the lowering of pressure in the coal seam in order to start gas flows.Also here an introduction to Tlou's new business-focussed president.

Quick facts: Tlou Energy Limited

Price: 4.78 GBX

AIM:TLOU
Market: AIM
Market Cap: £21.52 m
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Full interview: Tlou Energy's Tony Gilby updates on Lesedi production ahead...

Tlou Energy Limited’s (LON:TLOU) Tony Gilby speaks to Proactive London's Andrew Scott ahead a site visit next week. He says they've made an excellent start to flow testing at its Botswana coal bed methane wells. Gilby adds that, like most new CBM wells, the Lesedi operation is expected to...

2 days, 3 hours ago

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