TMK Energy Ltd
TMK Energy Limited is an Australia-based gas exploration company.
The business
TMK Energy Limited is an Australia-based gas exploration company. The Company is focused on the development of Mongolia's natural gas resource. The Company's Gurvantes XXXV Project is an exploration project for coal seam gas (CSG), covering approximately 8,400 square kilometers (km2) of the South Gobi basin of Mongolia. The Gurvantes XXXV Project has approximately seven active coal mining operations, twenty-six coal mining leases and numerous coal exploration licenses. The Gurvantes XXXV Project's production wells include Lucky Fox-1, Lucky Fox-2, Lucky Fox-3, Lucky Fox-4, Lucky Fox-5, Lucky Fox-6 and Lucky Fox-7. The Gurvantes XXXV Project is strategically located less than 20 kilometers from the Chinese border and close to existing gas infrastructure in northern China.
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TMK Energy Hits Major Milestone at Gurvantes Coal Seam Gas Project in Mongolia
TMK Energy (ASX: TMK) has achieved another key milestone in its plans to develop a coal seam gas (CSG) project to meet energy demand in Mongolia and China. Just days after signing a strategic alliance agreement with Chinese energy consulting firm J-Energy, TMK has successful drilled new pilot production well LF-07 at the Gurvantes CSG […]
TMK Energy signs co-operation and offtake agreement for Gurvantes XXXV pilot gas
Oil and gas explorer TMK Energy (ASX: TMK) has signed a cooperation and electricity offtake agreement with privately-owned Mongolian mining conglomerate Mongol Alt (MAK Group) to advance the Gurvantes XXXV coal seam gas project in the South Gobi Basin. The agreement is also expected to help address Mongolia’s energy security, reliability and independence needs. MAK […]
Junior energy stocks are back in the spotlight
The Australian Securities Exchange this week sent out a raft of price queries after a large number of hitherto languishing penny energy stocks sprung to life, with some recording three figure percentage gains. Others, slightly further up the food chain and with advanced projects, were also caught by the incoming market tide. The moves may, […]
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