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Wednesday, November 29, 2017
Tlou Energy updated its seismic program and core-hole drilling operations at the Lesedi and Mamba CBM projects in Botswana. The company said that the seismic survey field acquisition is completed with data processing ongoing.
SRK Consulting (Australasia), Tlou’s geological consultants and independent reserve certifiers, will carry out the seismic interpretation. This will include integration of the new seismic data with existing well and aeromagnetic data sets. A report will then follow which is anticipated in early Q1 2018.
Core-hole drilling operations are underway at the Lesedi and Mamba projects with one core-hole being completed and core samples sent for analysis. The objective is to identify further gas reserves and contingent resources and determine optimum location for first phase development wells in 2018.
Tlou’s Managing Director Tony Gilby said, “This new seismic data appears to be excellent quality and has the potential to guide us towards the delineation of further gas reserves and contingent resources and enable us to determine the optimum location for the first phase development wells planned for 2018. Velseis, our seismic consultant, is processing the remaining lines and the final data set will be supplied to SRK, Tlou’s geological consultants, for interpretation and we will provide further updates regarding this in Q1 2018.”
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