EXPLORATION

Tlou's 2P 944% jump 

TLOU Energy has updated its 2P gas reserves by 944% to 40.8 billion cubic feet, a huge increase over the previous 3.9Bcf and increased its 3P reserves by 63% from 261.1Bcf to 426.6Bcf, or a move from 3.2 petajoules to 35.7PJ. 

Tlou's Botswana reserves increase by 944%

Tlou's Botswana reserves increase by 944%

The market responded accordingly with a share price leap of 13% in Australia to 17cps.    Managing director Tony Gilby called it a "very significant upgrade" for a nation without many gas reserves,...

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