Tlou Energy Ltd Corporate Presentation (5417R)
30 Ottobre 2019 - 8:00AM
UK Regulatory
TIDMTLOU
RNS Number : 5417R
Tlou Energy Ltd
30 October 2019
30 October 2019
Tlou Energy Limited
("Tlou" or "the Company")
Corporate Presentation
Tlou Energy Limited, the AIM, ASX and BSE listed company focused
on developing gas-to-power projects in southern Africa using coal
bed methane ("CBM") natural gas from its gas field in Botswana, has
released a new corporate presentation, which is available from the
Company's website http://tlouenergy.com/presentations. The
Corporate presentation will be presented by Tlou at a stakeholders
meeting in Gaborone, Botswana on Wednesday 30 October 2019.
****
For further information regarding this announcement please
contact:
Tlou Energy Limited +61 7 3012 9793
Tony Gilby, Managing Director
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Solomon Rowland, General Manager
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Grant Thornton (Nominated Adviser) +44 (0)20 7383 5100
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Samantha Harrison, Colin Aaronson, Harrison
Clarke, Seamus Fricker
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Shore Capital (Broker) +44 (0) 207 408 4090
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Jerry Keen, Toby Gibbs, Mark Percy
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+44 (0) 7891 677
FlowComms Limited (Investor Relations) 441
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Sasha Sethi
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Vigo Communications (Financial PR) +44 (0) 20 7390 0230
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Patrick d'Ancona, Simon Woods
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Company Information
Tlou Energy is focused on delivering Gas-to-Power solutions in
Botswana and southern Africa to alleviate some of the chronic power
shortage in the region. Tlou is developing projects using coal bed
methane (CBM) natural gas. Botswana has a significant energy
shortage and generally relies on imported power and diesel
generation to fulfil its power requirements. As 100% owner of the
most advanced gas project in the country, the Lesedi CBM Project,
Tlou Energy provides investors with access to a compelling
opportunity using domestic gas to produce power and displace
expensive diesel and imported electricity.
The Company is listed on the Australian Securities Exchange,
London's AIM market and the Botswana Stock Exchange and is led by
an experienced Board, management and advisory team including
individuals with successful track records in the CBM industry.
Since establishment, the Company has significantly de-risked the
project in consideration of its goal to become a significant
gas-to-power producer. The Company flared its first gas in 2014 and
has a 100% interest over its Mining Licence and ten Prospecting
Licences covering an area of 9,300 Km(2) in total. The Lesedi and
Mamba Projects already benefit from significant independently
certified 2P gas Reserves of 41 BCF. In addition, 3P gas Reserves
of 427 BCF and Contingent Gas Resources of 3,043 BCF provide
significant additional potential.
The Company is planning an initial scalable gas-to-power
project. Following successful implementation of this first scalable
project, the Company looks forward to evaluating longer-term
prospects for the delivery of electricity generated from CBM in
Botswana to neighbouring countries.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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