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Tlou Energy kicks off new seismic exploration at Lesedi and Mamba projects

"Tlou is extremely pleased to have the Seismic program running and to be working with Velseis, who are highly experienced in this area,” said Tony Gilby.
oil and gas operations
Seismic is a precursor to future drill programmes

Tlou Energy Limited (LON:TLOU) told investors it has kicked off a new 250-square-kilometre seismic survey in Botswana, spanning its flagship Lesedi coal bed methane project and the adjacent Mamba area.

The programme is aimed at areas that are believed to be highly prospective for additional gas reserves, and the objective is to deliver greater resources for both project areas.

WATCH: Tlou Energy's Request for Proposal submission 'the culmination of a great deal of work'

Specifically, the programme will enable future vertical drill programmes which will set out to confirm subsequent gas resource estimates.

"Tlou is extremely pleased to have the Seismic program running and to be working with Velseis, who are highly experienced in this area,” said Tony Gilby, Tlou managing director.

“This survey will give us the opportunity to expand our Gas Reserves and Resources as we progress towards developing the first CBM gas to power project in Botswana.

READ: Tlou Energy boss highlights “phenomenal year” as coal bed methane project advances

“The seismic survey will assist in the next step of our plan to drill more wells by providing us with enhanced knowledge of the sub-surface in our project areas.  Results from subsequent core well analysis may also lead to further Gas Reserve and Resources and consequently add further value to Tlou.”

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