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TMK Energy Limited ( (AU:TMK) ) just unveiled an update.
TMK Energy Limited reported a strong December 2025 quarter, highlighted by record and rising gas production from its Pilot Well Project, with output exceeding 20,000 standard cubic feet per day and all wells operating at more than 99% uptime. The implementation of a revised reservoir management plan has driven improved gas rates, reduced coal fines and eliminated pump blockages, cutting costly workovers and confirming reservoir pressure is declining in line with modelling. Over 2025, TMK more than doubled the average number of producing wells, lifted average daily gas output by 357% while keeping water rates stable, and removed more than $1 million in recurring costs through lower field, staff and corporate expenses, while also strengthening on-site operational capability with key hires. The company completed its 2025 exploration drilling obligations, confirming extensions of target coal seams and gas-rich coals consistent with existing pilot wells, and finalised a major 55:1 capital consolidation and unmarketable parcel sale aimed at reducing administrative overheads. With reservoir modelling nearing completion and growing third-party interest, TMK plans to launch a formal partnering process in early 2026, positioning 2026 as a pivotal year for the commercialisation of its gas resource and potentially enhancing value for shareholders and other stakeholders.
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 exploration and production, with operations centred on its Pilot Well Project. The company is working to commercialise a substantial gas resource, targeting increased production through improved reservoir management and the introduction of partners to support near-term development initiatives and broader commercial activities.
Average Trading Volume: 234,732
Technical Sentiment Signal: Sell
Current Market Cap: A$21.39M
Learn more about TMK stock on TipRanks’ Stock Analysis page.