TMK Energy’s Snow Leopard-1 well has been drilled and tested to a depth of 675 metres in Mongolia’s South Gobi Basin, where a total 60m of net gassy coal has been intersected.
Drill stem test (DST) and injection fall off testing (IFOT) tests were performed across selected intervals with data analysis and interpretation ongoing.
During the DST testing gas breakout was observed, which supports the understanding the coals have high gas saturation.
Further results on permeability indications from the DST and IFOT testing are expected to be available in the coming week.
Great confidence moving forward
TMK Energy (ASX:TMK) chief executive officer Brendan Stats said the company is pleased to have completed its first well in the four well program with a successful result.
“The gas content and composition results from this first well provide us with great confidence moving forward and we anticipate intersecting more thick gassy coals as we progress with the program,” he said.
According to TMK, desorption testing of coal core to obtain definitive gas data is ongoing as the cores continue to produce gas.
Based on current data, it is now expected that the final gas content of the coal seams is likely to end up in the upper end of the previously indicated range of 7.5m3 /t to 12.5m3 /t on an as received basis.
Gas composition sampling and gas chromatography testing is ongoing.
Results confirm that the coal seam gas has high methane (CH4) concentrations between 94.4% and 98.8% (average 96.0%), and low carbon dioxide (CO2) values between 0.3% and 5.1%.
Further Testing Ahead
TMK says SL-1 and the drill site will now be rehabilitated in accordance with local requirements.
The drill rig will mobilise 5 kilometres east of the SL-1 location, with drilling of the second of the planned four well program expected to begin within the next week.
The next well (Snow Leopard – 2 or SL-2) is planned to target the same coal formations intersected in SL-1.
Drilling and testing of SL-2 is expected to take approximately four weeks, with operational improvements implemented from experience gained from the first well.
- Forums
- ASX - By Stock
- Ann: Drilling and Testing Completed at Snow Leopard - 1
TMK
tmk energy limited
Add to My Watchlist
0.00%
!
0.3¢

TMK Energy’s Snow Leopard-1 well has been drilled and tested to...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.66M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $4.005K | 1.501M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
85 | 102977225 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 10967336 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
83 | 100436532 | 0.002 |
22 | 151303581 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 10967336 | 3 |
0.004 | 50195042 | 45 |
0.005 | 35246466 | 20 |
0.006 | 2133000 | 4 |
0.007 | 13890755 | 5 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
Featured News
TMK (ASX) Chart |
The Watchlist
MEM
MEMPHASYS LIMITED.
Professor John Aitken, Scientific Director
Professor John Aitken
Scientific Director
Previous Video
Next Video
SPONSORED BY The Market Online