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The latest announcement is out from TMK Energy Limited ( (AU:TMK) ).
TMK Energy Limited has successfully drilled and cased the LF-07 pilot production well at the Gurvantes XXXV Coal Seam Gas Project to a depth of 420 meters, intersecting 54 meters of net coal. This milestone concludes a year of active drilling, doubling the project’s production well capacity and marking significant progress for the company in unlocking gas resources in Mongolia.
More about TMK Energy Limited
TMK Energy Limited operates in the energy sector, focusing on coal seam gas (CSG) projects. The company is involved in the exploration and development of gas resources, particularly in the South Gobi Desert of Mongolia.
Current Market Cap: A$25.56M
For a thorough assessment of TMK stock, go to TipRanks’ Stock Analysis page.