has successfully completed drilling its first development pod at its Lesedi coal bed methane (CBM) project in Botswana. The southern African natural gas company is the first to power Botswana through certified CBM gas reserves.
The drilling programme of the Lesedi wells began late last year. Today, lateral wells Lesedi 3A and 3B have been drilled to successfully intersect the vertical Lesedi 3P well-- completing the Lesedi 3 development pod.
The project, covering approximately 3,800 km2, has established Tlou Energy as an Independent Power Producer as it continues it efforts to generate a new Bostwanian CBM gas industry.
According to the company, the addition of the Lesedi project also has the potential to “create a new market for Tlou's independently-certified gas reserves of ~41 billion cubic feet (2P), ~427 billion cubic feet (3P) and significant contingent gas resources of ~3 trillion cubic feet (3C). “
The success of this drill campaign secures Tlou Energy’s first mover advantage in the southern African onshore gas industry, an edge the company is likely to keep capitalising on.
For more news and updates on Tlou Energy Limited:
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