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Wednesday, January 24, 2018
Tlou Energy provided its operational report in respect to itsLesedi and Mamba CBM Projects in Botswana for Q4 2017. During the quarter the company completed a
seismic survey across the Lesedi and Mamba project areas. According to the company,the data obtained has been of of excellent quality.
Data fromhe survey is being integrated with existing data with a view to expanding the Lesedi and Mamba gas reserves and contingent resources.
Tlou also drilled two new core-holes at the Lesedi Project, which intersected gassy coals. Core samples are being analyzed alongside the seismic survey with initial results
expected in early 2018.
Operations on a third core-hole at the Mamba Project began pre-quarter end with completion expected in late January 2018. This is the first core-hole to be drilled in the
Mamba area.
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