Tlou Energy begins drilling at the Lesedi gas-to-power project, Botswana

Tlou Energy Ltd. started the next phase of drilling at its Lesedi gas-to-power project in Botswana. Operations have begun on a core-hole and will be followed by drilling of the next gas production well.

Lesedi 6 is the first well of a planned drilling program to expand gas production at the Lesedi project. Gas flows from Lesedi 6 are planned to be converted to electricity for the existing 10-Mw power-purchase agreement with Botswana Power Corporation (BPC) once the transmission line, substations, and associated electrical infrastructure are in place.

The objective of the core-hole is to provide additional geological control in the vicinity of the planned Lesedi 6 gas-production pod. The core-hole, designated C8-1X, is at a depth of about 200 m with a proposed total depth of about 550 m.

Anticipated spud for the Lesedi 6 gas production pod is later this month. The pod consists of three wells in total, one vertical production well and two intersecting lateral wells. Lesedi 6 is about 500 m west of the existing Lesedi 4 production pod.

The transmission line for grid connection from the Lesedi project to BPC's Serowe substation is steadily progressing and is about 60% built with anticipated completion towards mid-2023. Stringing of the power poles has already commenced and work is continuing in relation to the substations at either end of the transmission line.

2P gas reserves at the field are about 41 bcf, 3P gas reserves are about 427 bcf, and 3C contingent resources are about 3,043 bcf.

Tlou Energy is operator and 100% owner of the Tlou's Lesedi gas-to-power project.