History: from Exploration to Solar
Tlou Energy Limited was established in 2009. Tlou was originally established in to explore for prospective Coal Bed Methane (CBM) gas opportunities in southern Africa. The Company commenced operations in 2009 with the drilling of exploration wells in Botswana.
Anthony (Tony) Gilby, CEO of Tlou, was a pioneer in Queensland’s CBM industry and co-founded Sunshine Gas (formerly ASX listed), a company that was sold for ~A$1.1 billion. Following this success, Tlou Energy was formed to leverage the experiences gained in Australia to explore and develop new CBM opportunities within southern Africa.
In 2010, Tlou Energy acquired 100% ownership of a number of prospection (exploration) Licences in Botswana. In 2011, Tlou conducted pre-feasibility appraisal drilling and testing program at its Lesedi project. This in-part underpinned an independently certified Contingent Gas resource.
Tlou successfully listed on the ASX in 2013 and continued with the appraisal of the Lesedi project and in 2014 the company flared its first gas. In 2015, Tlou received an upgrade of its Contingent Gas resource to 3.2 TCF (3C) and undertook an expanded drilling program. Later, Tlou achieved the first CBM gas Reserves in Botswana, a very significant milestone for the Company.
On 30 November 2015, the Company became dual listed following admission to the AIM market of the London Stock Exchange and on 13 December 2017, the company also listed on the Botswana Stock Exchange (BSE).
In recent years, Tlou has expanded its plans to include Solar power as a separate core project. Botswana is an ideal location for a solar project and Tlou’s solar project could have significant upside for the region and its people with clean energy, sustainable employment and an enhanced quality of life
210 Alice Street
Brisbane QLD 4000
+61 7 3012 9793