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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tlou Energy Limited | LSE:TLOU | London | Ordinary Share | AU000000TOU2 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -2.44% | 2.00 | 1.90 | 2.10 | 2.05 | 2.00 | 2.05 | 111,604 | 15:34:44 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Leather Tanning & Finishing | 0 | -4.24M | -0.0039 | -10.26 | 43.06M |
TIDMTLOU
RNS Number : 6723L
Tlou Energy Ltd
20 July 2017
20 July 2017
Tlou Energy Limited
("Tlou" or "the Company")
Corporate Presentation
Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane ("CBM") from its Lesedi Project has released a new corporate presentation, which is available from the Company's website http://tlouenergy.com/presentations
For further information regarding this announcement please contact:
Tlou Energy Limited +61 7 3012 9793 ------------------------------------ --------------------- Tony Gilby, Managing Director ------------------------------------ --------------------- Solomon Rowland, Company Secretary ------------------------------------ --------------------- Grant Thornton (Nominated Adviser) +44 (0)20 7383 5100 ------------------------------------ --------------------- Samantha Harrison, Colin Aaronson, Harrison Clarke ------------------------------------ --------------------- +44 (0) 207 408 Shore Capital (Joint Broker) 4090 ------------------------------------ --------------------- Jerry Keen, Mark Percy, Toby Gibbs ------------------------------------ --------------------- Optiva Securities Limited (Joint Broker) +44 (0)20 3137 1904 ------------------------------------ --------------------- Jeremy King, Christian Dennis ------------------------------------ --------------------- St Brides Partners Limited +44 (0) 20 7236 (Public Relations) 1177 ------------------------------------ --------------------- Lottie Brocklehurst, Megan Dennison ------------------------------------ --------------------- FlowComms Limited (Investor +44 (0) 7891 677 Relations) 441 ------------------------------------ --------------------- Sasha Sethi ------------------------------------ ---------------------
Company Information
Tlou Energy is an AIM and ASX listed company focused on delivering power in Botswana through the development of coal bed methane ('CBM') gas. Botswana has a severe energy shortage and is currently relying on expensive imported power and diesel generation to deliver its requirements. However, as the 100% owners of the most advanced gas project in the country, the Lesedi CBM Project, Tlou Energy provides investors with access to a compelling immediate and longer-term opportunity using domestic gas to produce power and displace expensive diesel and import power market.
The Company is led by an experienced Board, management and advisory team including individuals with successful track records in the Australian CBM industry.
Since establishment in 2009, the Company has significantly de-risked the project in consideration of its goal to become a significant gas to power producer. The Company has the most advanced CBM project in Botswana and flared its first gas in 2014. It holds 10 Prospecting Licences covering an area of 8,300Km(2) and the Lesedi Project already benefits from significant independently certified Contingent Gas Resources of 3.2 trillion cubic feet (3C) and independently certified Gas Reserves.
The Company is planning an initial scalable gas-to-power project in Botswana. Following successful implementation of this first scalable project, the Company plans to expand to provide further power to Botswana and the southern African region.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
July 20, 2017 10:06 ET (14:06 GMT)
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