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TMK Energy Limited ( (AU:TMK) ) has provided an update.
TMK Energy Limited has successfully commissioned and begun production from its latest pilot production well, LF-07, at the Gurvantes XXXV Coal Seam Gas Project. The well is part of a seven-well pilot project aimed at reducing reservoir pressure and increasing gas production. The company is currently operating the wells at low pump speeds to gather data for optimizing future production techniques. This strategic approach is expected to enhance gas production efficiency and accelerate the desorption process, potentially leading to a significant increase in gas output.
More about TMK Energy Limited
TMK Energy Limited is a company operating in the energy sector, focusing on coal seam gas (CSG) projects. Their primary project is the Gurvantes XXXV CSG Project, where they are involved in the production and optimization of gas extraction techniques.
Current Market Cap: A$25.56M
Find detailed analytics on TMK stock on TipRanks’ Stock Analysis page.