TMK Energy Limited (AU:TMK) has released an update.
TMK Energy Limited has received critical environmental approval and chosen a drilling contractor for their 2024 Gurvantes XXXV Coal Seam Project, with the contractor offering a significant 28% cost reduction from the previous year. With the long lead equipment for three new wells already on its way, the company anticipates a pivotal moment in its history. Additionally, TMK has undergone a strategic Board and Management restructuring to better focus on project delivery, marking a period of heightened activity and operational efficiency.
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