Proactive Investors: Tlou Energy Boss Looks to Fill Botswana Energy Shortfall with Natural Gas
The chief executive of Australia listed Tlou Energy (ASX:TLOU), Tony Gilby, explains how the company’s Coalbed Methane (CBM) natural gas projects will help meet energy shortages in southern Africa.
Tlou’s principle assets are in Botswana, where it has one of the most advanced CBM projects in the country.
The firm’s 100% owned Lesedi CBM project, which is in development phase, has an independently certified contingent resource of 2.3 trillion cubic feet.
Tlou's aim is to get gas out of the ground and begin to supplement the energy needs of the rapidly growing southern African region in 2016 - supplying natural CBM gas to generate new electrical energy, replace existing diesel and coal fired power generation.
Watch the video interview HERE.