TMK starts drilling the Mongolian CBM project

TMK starts drilling the Mongolian CBM project

TMK Energy, formerly Sydney-listed Tamaska ​​Oil and Gas, has started its first drilling program in the Nariin Sukhait area of ​​the Gurvantes XXXV coal bed methane (CBM) project in Mongolia, the company announced on March 16.

The first borehole named Snow Leopard-1 is expected to be drilled to a depth of approximately 650m over a period of four weeks. Following the completion of the first drill hole, three more core holes spaced approximately 3.5 km apart are expected to be drilled and tested over the next three to four months.

Once the drilling program is completed, the data obtained should allow the company to convert part of the 5.96 trillion feet certified independently3 gross potential resource into a first contingent resource for the Nariin Sukhait region as of 2H 2022, TMK said.

The Nariin Sukhait area is known to contain two thick, high-grade coal seams and historical CBM data acquired from a series of five wells indicates elevated gas grades. The drilling program was designed to intersect these thick coal seams at depths suitable for gas development, the company said.

The project covers an area of ​​8,400 km2 and is located approximately 20 km from the Sino-Mongolian border and close to the gas transmission and distribution network in northern China.

TMK last month completed the acquisition of Telmen Energy, which held a 100% stake in the Gurvantes XXXV project.

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