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Investegate |Tlou Energy Ltd Announcements | Tlou Energy Ltd: Operational Report

Investegate |Tlou Energy Ltd Announcements | Tlou Energy Ltd: Operational Report
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Investegate |Tlou Energy Ltd Announcements | Tlou Energy Ltd: Proposed placing to raise £2.6 million

Tlou Energy is focused on delivering Power solutions to Botswana and southern Africa to alleviate some of the chronic power shortage in the region. Tlou is currently developing projects using gas and plans to combine this with solar power to provide a cleaner base load power source.

Botswana has a significant energy shortage and generally relies on imported power and diesel generation to fulfil its power requirements. Tlou s Lesedi Power Project provides investors with access to a compelling opportunity to displace expensive, carbon intensive diesel and imported coal-fired electricity with a cleaner and more environmentally friendly alternative.

In addition to plans for cleaner energy, the Company is also committed to developing community projects in Botswana adding real value to peoples lives in a region with sparse services and where few opportunities exist for the local population. This includes work to as ....

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Oz Empire Upgrades NT Resources by 47%

Oz Empire Upgrades NT Resources by 47%
Feb 22, 2021 3:40:am
Summary
by: Shardul Sharma
Posted in:
Oz Empire Upgrades NT Resources by 47%
Sydney-listed Empire Energy on February 22 announced a resource upgrade for its 100% owned and operated EP187 tenement located in the Beetaloo sub-basin, Northern Territory.
Empire said that Netherland, Sewell & Associates has prepared an updated independent resource report utilising the technical results of the Carpentaria-1 drilling programme. The best estimate prospective gas resource for EP187 has increased by 47% to 3.5 trillion ft
3.
The company has booked a maiden best estimate prospective condensate resource of 27mn barrels. It has also booked a maiden best estimate contingent gas resource of 41bn ft ....

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APA Completes Oz Judith Field Pre-Feed Study

APA Completes Oz Judith Field Pre-Feed Study
Australian gas infrastructure company APA Group has completed the pre-front end engineering design (pre-Feed) for the Judith gas field midstream infrastructure, operator Emperor Energy said on February 17.
The pre-Feed study included designs for a gas processing plant adjacent to the existing Orbost gas processing plant owned by APA, a 40-km subsea pipeline connecting it with Judith and an export pipeline to the Eastern Gas Pipeline located to the north of the Orbost gas plant. The study also dealt with refining the project s indicative costs and scheduling.
Emperor and APA inked a memorandum of understanding (MoU) relating to the Judith gas project in October 2019. The pre-Feed is the first stage of work to be progressed from the MoU. ....

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Tlou Energy announces operational report

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Tlou Energy Ltd is an ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar. The Lesedi Power Project is the company s most advanced project with plans to develop gas and solar power generation assets with the sale of electricity into the regional power grid.
Project finance
The company is currently seeking funding for development of Lesedi. The project is proposed to be developed in two phases.
Phase one involves transmission line construction, transformers, grid connection, electricity generators and potentially the drilling of additional gas wells. The ~100 km transmission line will run from the Lesedi project to the town of Serowe where it will connect to the existing power grid. Initial generation is proposed to be up to 2 MW of electricity. Funding required for phase one is ~US$10 million which can be staged if necessary or prudent to do so. ....

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