New Corporate Presentation

RNS Number : 8199A
Tlou Energy Ltd
29 March 2017
 

 

29 March 2017

 

Tlou Energy Limited

 

("Tlou" or "the Company")

 

New Corporate Presentation

 

Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and Southern Africa through the development of coal bed methane ('CBM') projects, is pleased to announce that a new corporate presentation is now available to view on the Company's website www.tlouenergy.com.  

 

For further information regarding this announcement please contact:

 

Tlou Energy Limited

+61 7 3012 9793

Tony Gilby, Managing Director


Solomon Rowland, Company Secretary




Grant Thornton (Nominated Adviser)

+44 (0)20 7383 5100

Samantha Harrison, Colin Aaronson, Harrison Clarke




Shore Capital (Joint Broker)

+44 (0) 207 408 4090

Jerry Keen, Mark Percy, Toby Gibbs




Optiva Securities Limited (Joint Broker)

+44 (0)20 3137 1904

Jeremy King, Christian Dennis




St Brides Partners Limited (Public Relations)

+44 (0) 20 7236 1177

Elisabeth Cowell, Lottie Brocklehurst




FlowComms Limited (Investor Relations)

+44 (0) 7891 677 441

Sasha Sethi


 



 

Company Information

 

Tlou Energy is an AIM and ASX listed company focused on delivering power in Botswana through the development of coal bed methane ('CBM') projects.  Botswana has a severe energy shortage and is currently relying on expensive imported power and diesel generation to deliver its requirements.  However, as the 100% owners of the most advanced gas project in the country, the Lesedi CBM Project, Tlou Energy provides investors with access to a compelling immediate and longer term opportunity using domestic gas to produce power and displace the expensive diesel and import market.

 

The Company is led by an experienced Board, management and advisory team including individuals with successful track records in the Australian CBM industry.

 

Since establishment in 2009 the Company has significantly de-risked the project in consideration of its goal to become a significant gas to power producer.  The Company has the most advanced CBM project in Botswana and flared its first gas in 2014.  It holds 10 Prospecting Licences covering an area of ~8,300Km2 and the Lesedi Project already benefits from significant, independently certified Contingent Gas Resources of ~3.2 trillion cubic feet (3C) and independently certified Gas Reserves.

 

The Company is planning an initial scalable gas-to-power project in Botswana.  Following successful implementation of this first scalable project, the Company plans to expand to provide further power to Botswana and the southern African region.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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