TLOU Tlou Energy Limited

TIDMTLOU

RNS Number : 6900K

Tlou Energy Ltd

30 August 2019

30 August 2019

Tlou Energy Limited

("Tlou" or "the Company")

Corporate Presentation

Tlou Energy Limited, the AIM, ASX and BSE listed company focused on delivering power in Botswana and Southern Africa through the development of coal bed methane (CBM) projects, has released a new corporate presentation, which is available from the Company's website http://tlouenergy.com/presentations. The new corporate presentation will be presented by Tlou at the Africa Oil Gas and Energy Australian Annual Conference in Perth, Australia on Monday 2 September 2019.

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For further information regarding this announcement please contact:

 
 Tlou Energy Limited                             +61 7 3012 9793 
 Tony Gilby, Managing Director 
                                               ---------------------- 
 Solomon Rowland, General Manager 
                                               ---------------------- 
 
 Grant Thornton (Nominated Adviser)              +44 (0)20 7383 5100 
                                               ---------------------- 
 Samantha Harrison, Colin Aaronson, Harrison 
  Clarke, Seamus Fricker 
                                               ---------------------- 
 
 Shore Capital (Broker)                          +44 (0) 207 408 4090 
                                               ---------------------- 
 Jerry Keen, Toby Gibbs, Mark Percy 
                                               ---------------------- 
 
 FlowComms Limited (Investor Relations)          +44 (0) 7891 677 441 
                                               ---------------------- 
 Sasha Sethi 
                                               ---------------------- 
 

Company Information

Tlou Energy is focused on delivering Gas-to-Power solutions in Botswana and southern Africa to alleviate some of the chronic power shortage in the region. Tlou is developing projects using coal bed methane ("CBM") natural gas. Botswana has a significant energy shortage and generally relies on expensive imported power and diesel generation to fulfil its power requirements. As 100% owner of the most advanced gas project in the country, the Lesedi CBM Project, Tlou Energy provides investors with access to a compelling opportunity using domestic gas to produce power and displace expensive diesel and imported power.

The Company is listed on the Australian Securities Exchange, London's AIM market and the Botswana Stock Exchange and is led by an experienced Board, management and advisory team including individuals with successful track records in the CBM industry.

Since establishment, the Company has significantly de-risked the project in consideration of its goal to become a significant gas-to-power producer. The Company flared its first gas in 2014, holds a Mining Licence and nine Prospecting Licences, covering an area of 8,300Km(2) in total, and the Lesedi Project already benefits from significant independently certified Contingent Gas Resources of 3.2 trillion cubic feet (3C) and independently certified Gas Reserves of 261 billion cubic feet (3P).

The Company is planning an initial scalable gas-to-power project. Following successful implementation of this first scalable project, the Company looks forward to evaluating longer-term prospects for the delivery of electricity generated from CBM in Botswana to neighbouring countries.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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