StockMarketWire.com - Tlou Energy Ltd said testing procedures at the Lesedi CBM Project have been expanded to include the Selemo 2 and Selemo 4 wells in addition to Selemo 1 which commenced flow testing in Q1 2016.

"Pressure drops at the wells have been increased in recent days and encouragingly further communication between the wells is being observed," the company said in a statement.

"Water production, increased due to the flow testing of the additional wells, is being easily managed and is in line with expectations.

"A decision on a gas-to-power pilot project has progressed through various levels of government and management is confident of a favourable response in the near term."

The aim of the gas-testing program is to provide evidence of a sustainable gas production rate achievable from the field and to develop the first wells flowing commercial rates of gas in Botswana.




At 9:35am: [LON:TLOU] Tlou Energy Limited Ord Npv Di share price was -0.25p at 3.5p



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