- TMK Energy (TMK) confirms high permeability over the upper coal seam test interval at its Snow Leopard – 02 (SL02) well in Mongolia
- An analysis of drill stem test (DST) and injectivity fall-off test (IFOT) data from the well reveals a flow capacity of 1090 millidarcy metres (mD.m) over the test interval
- TMK says this shows the permeability of the 70 metres of coal intersected in the upper seam is well within the range required to be able to produce gas from the coals at the location
- CEO Brendan Stats says based on the current results, the company will commence the process of fast-tracking planning for a pilot production well program later in 2022
- Shares in TMK are trading sideways at 1.1 cents each at 2:11 pm AEST
Junior explorer TMK Energy (TMK) has confirmed high permeability over the upper coal seam test interval at its Snow Leopard – 02 (SL02) well in Mongolia.
SL-02 is part of TMK’S Gurvantes XXXV coal seam gas project, and the company has confirmed the high permeability through the analysis of drill stem test (DST) and injectivity fall-off test (IFOT) data from the well.
As part of the analysis, the company reported that SL-02 delivered a flow capacity of 1090 millidarcy metres (mD.m) over the test interval.
The results indicated that the permeability of the 70 metres of coal intersected in the upper seam was well within the range required to be able to produce gas from the coals at the location.
The company said the combination of shallow, thick and high gas content coals, together with good permeability, were strong indicators of the commercial potential of the Gurvantes XXXV project.
TMK CEO Brendan Stats said based on the results, the company would commence the process of fast-tracking planning for a pilot production well program later in 2022.
Drilling is continuing at SL-02, currently at a depth of 450 metres and drilling ahead to target a deeper coal seam interpreted to exist at this location.
TMK plans to drill SL-02 to a depth of approximately 600 metres and is targeting the same coal formations intersected in SL-01.
Shares in TMK were trading sideways at 1.1 cents each at 2:11 pm AEST.