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TMK Energy Limited ( (AU:TMK) ) has shared an announcement.
TMK Energy Limited reported a significant increase in gas production at its Gurvantes XXXV Coal Seam Gas Project in January 2025, achieving a record volume that is 300% higher than the previous month and 40% greater than the prior monthly record. The project, which is still in its early evaluation stages, is showing promising signs of potentially reaching commercially significant gas flow rates, although the company notes that it remains early to predict sustained increases. The pilot production wells and existing wells have collectively contributed to this surge, despite some operational challenges with new wells.
More about TMK Energy Limited
TMK Energy Limited is a company operating in the coal seam gas (CSG) sector, focusing on the exploration and production of gas resources. The company is actively involved in the Gurvantes XXXV CSG Project, aiming to become a key player in the gas production industry.
Current Market Cap: A$18.65M
Find detailed analytics on TMK stock on TipRanks’ Stock Analysis page.
