Tlou’s principal assets are in Botswana, where it has the one of the most advanced CBM projects in southern Africa. Tlou’s 100% owned Lesedi CBM project has an independently certified contingent resource of up to 3.3 trillion cubic feet (TCF) (3C) with a further prospective resource totalling 8.6 TCF (High Estimate). Tlou is aiming to have certified gas reserves in the near future.
Botswana and other southern African countries are currently experiencing electricity supply deficits. Tlou believes the electricity market represents an attractive commercialisation path for the company’s CBM.
Tlou’s board includes former principals of Sunshine Gas and Mitchell Energy, who were pioneers in the highly successful eastern Australian CBM industry. Tlou is positioned to capitalise on a first mover advantage in the southern African onshore gas industry.
Tlou Energy is assessing new opportunities across the southern Africa region but remains focussed on Botswana for the foreseeable future.