Botala Energy Ltd
Botala Energy Limited is an Australia-based coal bed methane (CBM) exploration and development company.
The business
Botala Energy Limited is an Australia-based coal bed methane (CBM) exploration and development company. It is focused on developing production from its 100% owned Serowe CBM Project located in a high-grade CBM region of Botswana (and related early-stage renewable energy opportunities). It is focused on developing the Serowe CBM Project and to commercialize the project due to the demand for stable power supply in Botswana. The Serowe Project near the town of Serowe in the Central District of Botswana consists of 420,000 hectares of prospecting licenses in the Karoo-Kalahari Basin. It has identified an independently certified 2C Resource of 454 billion cubic feet (bcf) in the immediate vicinity of 11 wells drilled within these tenements. It is also focused on Project Pitse, which is a 4-Pilot Well program around the Serowe 3-1 well. Its subsidiaries include Sharpay Enterprises (Pty) Ltd, Botsgas Botswana (Pty) Ltd, BotsHydrogen (Pty) Ltd, and Botala Renewables (Pty) Ltd, among others.
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Latest news
Botala Energy signs landmark LNG offtake deal for Serowe project in Botswana
Botala Energy (ASX: BTE) has secured its first major LNG offtake agreement for its Serowe coal bed methane project in Botswana. The company has signed a binding letter of intent for the negotiation of an LNG offtake agreement with SCAW South Africa, a leading industrial manufacturer specialising in various steel products that require significant natural […]
Botala Energy and Pure Hydrogen achieve major milestone at Botswana gas project
Botala Energy (ASX: BTE) and joint venture partner Pure Hydrogen (ASX: PH2) are celebrating a significant development milestone at the Serowe coal bed methane (CBM) gas project in Botswana. The companies have achieved a sustainable gas flow from the local coals with gas successfully flared from the Serowe-3.1 well. Botala, the operator of the project, […]
Botala Energy reports increased downhole annulus pressure from Serowe-3 coal bed methane well
Increasing volumes of bubbling gas in the dewatering of Botala Energy’s (ASX: BTE) Serowe-3 well in Botswana have been accompanied by a substantial increase in downhole annulus pressure. The company said it indicates that pressures within the coals are close to their desorption pressure point which may result in the release of higher gas flow. […]
Botala Energy to flow test Botswana well after confirming gas in coalbeds
Coalbed methane (CBM) explorer Botala Energy (ASX: BTE) has announced the latest developments from is 70% owned Serowe CBM project in Botswana, including its decision to progress to flow testing after confirming gas in coalbeds. The explorer today revealed nuclear magnetic resonance (NMR) logging from its most recently drilled Serowe-7 well suggests sufficient presence of […]
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