TMK Energy Limited

TMK Energy Limited has signed a strategic alliance agreement with Beijing-based J-Energy, a leading energy consultancy, to accelerate the development of the company’s Gurvantes XXXV coal seam gas project in Mongolia.

TMK Energy has started drilling a seventh production well to increase capacity at its Lucky Fox Pilot Well project in southern Mongolia, using a larger, more powerful TXD200 rig for the first time in the country.

TMK Energy has signed a contract with Major Drilling Group to drill its latest and likely final pilot production well at TMK’s Lucky Fox well complex in the company’s Gurvantes XXXV coal seam gas project in Mongolia.

TMK Energy has received strong interest in its Gurvantes XXXV coal seam gas projects in Mongolia from potential partners with financial capability and proven track records in horizontal drilling and fracking.

Just days after selling its offshore gas interests in WA to focus on the company’s Gurvantes XXXV coal seam gas play in Mongolia, TMK Energy has appointed coal seam gas expert and former Sino Gas and Energy MD Glenn Corrie to its board.

TMK Energy has executed a sale agreement to divest the 20% interest it holds in the Talisman Deeps project offshore in Western Australia’s Barrow-Dampier Sub-basin.

TMK Energy Limited (ASX:TMK) is pleased to provide the following update with respect to operations during the month of April 2025 at the Gurvantes XXXV Coal Seam Gas (CSG) Project.

TMK Energy Limited has secured $2.25 million through a placement to fund further development of its Gurvantes XXXV Coal Seam Gas Project. The funds will be used for additional drilling, project development, and partnership opportunities, highlighting strong support from existing and new investors despite market volatility.

TMK Energy has set a new benchmark in gas production at its Pilot Well program in southern Mongolia, registering a 10% increase to more than 10,000 cubic metres of gas for the month. This achievement not only marks a record monthly output but also includes the highest daily gas production to date from the Gurvantes

TMK Energy has set another record month of gas production, in which it boosted output by 10 per cent to more than 10,000 cubic metres of gas from its Pilot Well project in southern Mongolia.