TLOU ENERGY SPUDS SELEMO 1AR-1, ZIMBABWE

July 11, 2013

(Tlou Energy, Brisbane, Australia) Tlou Energy Limited advise that the lateral well drilling phase of the program has now commenced. The current drilling program comprises two horizontal pilot pods called Selemo and Lesedi. Each Pod has a single vertical well (Selemo 1P and Lesedi 1P) with each vertical well having two 750 m in-seam lateral wells drilled to intersect it through the targeted basal Morupule Coal Seam. The entire drilling campaign of six wells is scheduled to be completed in 3Q13 with testing operations commencing in 4Q13 following well completions and installation of surface testing facilities. Tlou Energy, established in Australia in 2009 is a Coalbed Methane (CBM) and unconventional gas explorer with interests in Southern Africa.  Image: Tlou Energy

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