Anyone taking this one?
-----------------------
Botala is a coal bed methane (CBM) exploration and development company focused on developing production from the Serowe CBM Project located in Botswana (and related early-stage renewable energy opportunities). On Admission, the Company will hold a 70% interest in the Serowe CBM Project, which is located in a high-grade CBM region of Botswana with the remaining 30% held by ASX listed Pure Hydrogen Corp. PH2 will also be a direct shareholder in Botala via a 19.9% interest (escrowed for 2 years).
The Serowe CBM Project covers approximately 4,100 square kilometres of CBM prospecting licenses in the Karoo-Kalahari Basin in Central Botswana. The Independent Technical Expert has provided a best estimate relating to the Serowe CBM Project of contingent CBM resources of approximately 317 (bcf) and prospective CBM resources of approximately 3,924 (bcf)
We expect strong news-flow from the Company post listing which include, commercial flow testing programme (4 wells) and exploration programme (4 wells).
Pure Hydrogen Corp substantial 19.9% shareholder at IPO and priority offer to shareholders to participate in the IPO
- Forums
- IPOs
- Botala Energy IPO (ASX:BTE)
Botala Energy IPO (ASX:BTE)
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)