TMK Energy Limited (AU:TMK) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
TMK Energy Limited has successfully completed the drilling and commissioning of three new pilot production wells at its Gurvantes XXXV Coal Seam Gas Project, effectively doubling the production capacity. This achievement positions TMK as a leader in Mongolia’s CSG industry, with plans to ramp up production over the next 6-8 weeks. The company aims to significantly increase gas production rates, marking a pivotal moment for its stakeholders.
For further insights into AU:TMK stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Load Up Despite California’s EV Noise,’ Says Daniel Ives About Tesla Stock
- M&A News: Paramount (PARA) Turned Down Apollo Global Management Seven Times
- Ford (NYSE:F) Calls for EV Incentives in the United Kingdom
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
