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Financial Director of Tlou Energy updates the market on news of 50MW Power Project

Colm Cloonan updates the market upon their recent news detailing the Government of Botswana’s decision to approve a 50MW Power Project. This award is five times larger than the 10MW Power Plant originally applied for demonstrating the strength of the government’s support for the development of domestic sources of power. This approval follows the recent positive update by Tlou upon the on-going gas flow testing operations at its Lesedi CBM project in Botswana where Acting Managing Director Gabaake Gabaake stated that “Positive gas flows have already been achieved from Selemo 1 and we are encouraged that significant gas is still expected to flow from the lateral wells”. Within this podcast Colm also discusses the Company’s plans to develop their assets as well as providing reasons to invest.

 

Listen to the podcast here: https://audioboom.com/boos/4783156-524-tlou-energy-and-obtala-resources-plus-agq-and-broker-buys-and-sells

 

Latest updates

 

50MW Power Project Approved by Botswana Government

http://tlouenergy.com/wp-content/uploads/2016/07/80-50MW-Update-final.pdf

 

Gas Flow Testing Update

http://tlouenergy.com/wp-content/uploads/2016/06/160629-ASX-Announcement.pdf

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