TMK to drill extra Mongolian coal seam gas appraisal well
Sept. 1, 2022
TMK Energy Ltd. and JV partner Talon Energy Ltd. will expand the appraisal drilling program at the Snow Leopard coal seam gas prospect in the Gurvantes XXXV Project in South Gobi basin of southern Mongolia.
Snow Leopard-05 (SL-05) will be drilled mid-way between SL-02 and SL-04 in the eastern half of the prospect to a depth of around 650 m.
The new well presents a low-cost opportunity (US$100,000) to gather additional data on the upper and lower coal seams, TMK said.
Drilling continues on the SL-03R well to target the lower coal seam adjacent to where the upper seam was intersected in SL-03. It will take another 2 weeks to complete and test.
Results of all five wells in the 2022 program will be incorporated into the dataset to determine the company’s maiden contingent resource assessment, which should be completed in October. Results also will aid in planning the pilot well program.
In August, TMK executed a memorandum of understanding with PetroChina which has expressed interest in the Guvantes project.
TMK envisions sending Snow Leopard natural gas production to the Chinese market across the Mongolian border by pipeline.