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TMK Energy Limited ( (AU:TMK) ) just unveiled an announcement.
TMK Energy Limited has finalized a drilling contract with Major Drilling to commence a new pilot production well at Nariin Sukhait, with operations expected to begin in July. The company is implementing recommendations from a recent technical review to enhance drilling operations and is actively seeking project partners, particularly in China, to leverage their expertise in coal seam gas extraction. The strategic location of the Gurvantes XXXV Project and the growing energy demand in China are key attractions for potential partners, positioning TMK Energy to advance its operations and potentially expand its market presence.
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 CSG resources, with a significant market focus on the Gurvantes XXXV Project located near the China-Mongolia border.
Current Market Cap: A$30.67M
For an in-depth examination of TMK stock, go to TipRanks’ Overview page.