Botala Energy Says Botswana CBM Project Production Well Achieves First Continuous Gas Flare

MT Newswires Live
09/25

Botala Energy (ASX:BTE) said the Pitse Pilot's central production 3.5B well at the Serowe coal bed methane (CBM) project in Botswana achieved its first continuous gas flare over Sunday and Monday, sustaining gas flow for over 30 hours with the flow rate of the well steadily increasing, according to a Friday Australian bourse filing.

Gas flow began earlier in the dewatering process than expected, with the water level still around 60 meters above the coal seam compared to the anticipated around 20 meters level, the company said. Dewatering has been slowed to bring the well on in a controlled and careful manner to protect the stimulated coal, the filing added.

The oil and gas company's shares declined past 1% in recent trading on Friday.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10