Tlou Energy Limited announced that the successful redrill of both lateral wells of the Lesedi 4 production pod has been completed. As reported previously, drilling has also been completed at the new Lesedi 6 pod with both lateral wells (Lesedi 6A and Lesedi 6B) successfully intersecting the target vertical well (Lesedi 6P). The aim of redrilling the Lesedi 4 wells is to provide straighter lateral sections compared to the original wells.

The Lesedi 4 pod has flowed gas for a number of years and these straighter laterals are expected to assist with removing water from the reservoir to more efficiently dewater and flow gas. Following completion of the redrill, both Lesedi 4 and Lesedi 6 pods will be flushed to clear the wells and then have production equipment installed to commence dewatering ahead of gas production. Construction of the transmission lines to connect the Lesedi power project to the existing power grid is progressing.

Overall progress to date is approximately 90%. Key items outstanding include a road crossing and further stringing of the line. Transmission line work is on track to be completed later this year and well in advance of planned first power into the grid.

Separately, work on the substations which are required at either end of the transmission line is also continuing. The contractors are onsite at Lesedi carrying out initial work including site clearing and further updates will be provided in due course.