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TMK Energy Limited ( (AU:TMK) ) has shared an announcement.
TMK Energy Limited has reported significant progress in its Gurvantes XXXV Coal Seam Gas Project, with pressure build-up tests at multiple wells confirming a reduction in reservoir pressure, indicating good connectivity between wells. The company is preparing to drill an additional pilot well and is focused on returning all wells to full production capacity, which is expected to enhance gas flow and operational capabilities.
More about TMK Energy Limited
TMK Energy Limited is involved in the coal seam gas (CSG) industry, focusing on the development and production of gas resources. The company is actively working on the Gurvantes XXXV Project, which is a pilot well project aimed at exploring and exploiting CSG resources.
Current Market Cap: A$30.67M
For detailed information about TMK stock, go to TipRanks’ Stock Analysis page.