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Botala Energy Advances Serowe CBM with Key Well Spud and Capital Raises

10:14am on Wednesday 29th of April, 2026 AEST Energy
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Botala Energy Advances Serowe CBM with Key Well Spud and Capital Raises

10:14am on Wednesday 29th of April, 2026 AEST
Key Points
  • Spudding of principal production well 3.5B at Serowe Pitse Pilot
  • Encouraging multi-seam gas potential confirmed from well 3.3 testing
  • A$3 million capital raise completed with additional A$1.45 million placement post-quarter
  • Advancing Bankable Feasibility Study for modular LNG facility targeting 3.5 PJ/year
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