Tlou Energy Limited (DI) (TLOU)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 0.80p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.40
  • 52 Week Low: 0.63
  • Currency: UK Pounds
  • Shares Issued: 1,286.33m
  • Volume: 1,204,029
  • Market Cap: £10.29m
  • Beta: 0.07

Tlou Energy advances Lesedi project

By Iain Gilbert

Date: Tuesday 06 Nov 2018

LONDON (ShareCast) - (Sharecast News) - Tlou Energy said drilling at its Lesedi coal bed methane project in Botswana was advancing as expected.
Tlou drilled its first vertical well to a total depth of 575 metres on 16 October and has since turned its focus towards its second well in the current programme.

The AIM-listed outfit hopes to unlock gas flow data ahead of its proposed initial project development area, where management anticipate production start-up for the wells could come in the first quarter of 2019.

"The wells will be on production for an extended period of time to de-water and lower the pressure in the coal seam to achieve gas flow," Tlou said.

As of 0910 GMT, Tlou shares had picked up 0.18% to 5.51p.

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TLOU Market Data

Currency UK Pounds
Share Price 0.80p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.40
52 Week Low 0.63
Volume 1,204,029
Shares Issued 1,286.33m
Market Cap £10.29m
Beta 0.07

TLOU Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.00% above the market average59.00% above the market average59.00% above the market average59.00% above the market average59.00% above the market average
56.52% above the sector average56.52% above the sector average56.52% above the sector average56.52% above the sector average56.52% above the sector average
Price Trend
86.27% below the market average86.27% below the market average86.27% below the market average86.27% below the market average86.27% below the market average
65.33% below the sector average65.33% below the sector average65.33% below the sector average65.33% below the sector average65.33% below the sector average
Income Not Available
Growth
30.85% above the market average30.85% above the market average30.85% above the market average30.85% above the market average30.85% above the market average
69.57% above the sector average69.57% above the sector average69.57% above the sector average69.57% above the sector average69.57% above the sector average

TLOU Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
14:15 10,000 @ 0.79p
08:19 1,194,029 @ 0.84p

TLOU Key Personnel

Finance Director Colm Cloonan

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