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Tlou Energy Ltd - Brisbane, Australia-based power project developer with large gas field in Botswana - Says work has begun on the next phase of drilling at Tlou’s Lesedi Gas-to-Power project. The Lesedi 6 gas production pod spudded on Monday and is at a depth of about 59 metres. The objective of the pod is to increase the volume of gas available to the company for power generation, Tlou says. Adds that once Lesedi 6 is drilled and completed, dewatering will commence and thereafter the well will start to establish an indicative gas flow rate. Current stock price: 2.40 pence, up 9.3% in London on Thursday 12-month change: up 23% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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