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TMK Energy Limited ( (AU:TMK) ) has issued an announcement.
TMK Energy Limited has reported a significant increase in gas production at its Gurvantes XXXV Coal Seam Gas Project, with a 25% rise in October and a further 19% increase in November. The company has implemented a revised reservoir management plan, resulting in improved operational efficiency and pump uptime. The appointment of a new Operations Superintendent aims to further optimize field operations and explore the feasibility of using produced gas for power generation. These developments are expected to enhance the company’s operational capabilities and contribute to its growth in the CSG industry.
More about TMK Energy Limited
TMK Energy Limited is a company operating in the coal seam gas (CSG) industry, focusing on the development and production of gas resources. The company owns the Gurvantes XXXV CSG Project and is involved in optimizing operations and increasing gas production.
Current Market Cap: A$23.94M
Find detailed analytics on TMK stock on TipRanks’ Stock Analysis page.