TOU 0.00% 1.8¢ tlou energy limited

Ann: Tlou Energy Quarterly Activities Report, page-15

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  1. 291 Posts.
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    No fracking involved.

    Vertical well with two interconnecting laterals which forms the pod.

    The company currently have approval to drill 200 pods as per the EIA (circa 600 wells total).

    Slide 5 on today’s presentation confirms the point on no fracking, no water reinjection either.

    Core rig due on site imminently so I would imagine that will be put to use soon to further expand on reserves. 250km seismic, pilot flowing and 3 cores saw the recent 944% upgrade. More cores should assist with that ahead of development wells for the initial project which will really set this off.
    Last edited by Adrian-B: 18/05/18
 
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