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The latest update is out from TMK Energy Limited ( (AU:TMK) ).
TMK Energy has reported another record at its Gurvantes XXXV coal seam gas project in Mongolia, with daily gas output surpassing 1,000 cubic metres, or more than 35,000 standard cubic feet per day. The LF-07 well is providing about 70% of this volume, confirming that gas is actively desorbing from the coal seams at that location.
Overall gas production from the pilot well project is now roughly double the level recorded in early February 2026, underscoring how quickly rates can accelerate once critical desorption pressure is reached. Management says LF-07’s outperformance and the emerging “hockey stick” growth profile across the field mark a key inflection point and bring the project’s commercial potential significantly closer, with other wells expected to follow a similar ramp-up as they reach the same pressure conditions.
The most recent analyst rating on (AU:TMK) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TMK Energy Limited stock, see the AU:TMK Stock Forecast page.
More about TMK Energy Limited
TMK Energy Limited is an ASX-listed energy company focused on coal seam gas development, with its flagship asset being the 100%-owned Gurvantes XXXV CSG Project in Mongolia. The company is working to prove the commerciality of this project through a pilot well program aimed at achieving sustained, scalable gas production for future market supply.
Average Trading Volume: 353,316
Technical Sentiment Signal: Sell
Current Market Cap: A$28.37M
For a thorough assessment of TMK stock, go to TipRanks’ Stock Analysis page.