TMK Energy has assumed full ownership of the 8400-square-kilometre Gurvantes XXXV coal seam gas play in Mongolia, as three pilot wells flow gas to surface at rates as high as 13,000 standard cubic feet per day.
TMK Energy is acquiring the remaining 33 percent stake of Talon Energy in the Gurvantes XXXV Coal Seam Gas Project in the South Gobi Basin of Mongolia for full ownership of the asset.
Australian energy explorer TMK Energy has claimed full ownership of the massive Gurvantes XXXV coal seam gas project in Mongolia after executing an agreement with now former joint venture partner Talon Energy.
Elixir Energy Ltd (ASX:EXR) MD Neil Young tells Proactive the company’s Nomgon-10 pilot well is now online at its Nomgon IX coal bed methane (CBM) project.