TMK Energy Limited (AU:TMK) has released an update.
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TMK Energy Limited has received all necessary environmental and regulatory approvals for its planned 2024 drilling program at the Gurvantes XXXV site, signaling a significant growth phase with long lead equipment already on order. The tender process for drilling and services has concluded, with contract awards imminent, as the company continues to produce water and gas from three existing wells. These developments highlight TMK’s commitment to meeting Mongolia’s growing demand for cleaner energy and mark a pivotal step towards becoming the first company in Mongolia to produce commercial quantities of natural gas.
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