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Thursday, June 1, 2017
Tlou Energy has contracted Velseis to undertake a fully funded seismic survey for its 100% owned Lesedi CBM Project and the adjacent Mamba Permit in Botswana.
The 250-km 2D seismic program is targeted to commence inQ3 2017. The areas being targeted are considered to be highly prospective for additional gas reserves. Results will facilitate identification of the location of vertical drill holes to further confirm gas volumes in the ground.
According to Tlou, positive results will further de-risk the Lesedi project.
Tlou’s Managing Director Tony Gilby said “Tlou is extremely pleased to be working with Velseis, a company with significant seismic experience. This survey will give us the opportunity to expand our Gas Reserves and Resources as we progress towards developing the first CBM gas to power project in Botswana.
“The seismic survey will assist in the next step of our plan to drill more wells by providing us with enhanced knowledge of the sub-surface in our project areas. Results from subsequent core well analysis may also lead to further Gas Reserve and Resources and consequently add further value to Tlou.
“We look forward to updating the market as the seismic program progresses.”
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