TMK Energy Achieves Key Production Milestone at Mongolia Project

TMK Energy Achieves Key Production Milestone at Mongolia Project TMK Energy has surpassed 25,000 scfd at its Gurvantes XXXV coal seam gas project in Mongolia, driven by strong performance from the LF-07 well producing over 13,000 scfd. Early desorption signals suggest significant expansion potential as reservoir pressure declines in line with projections. The company is pursuing partnerships for upstream, midstream, and downstream development while the project holds 1.2 TCF contingent resources with potential upside to 5.3 TCF. With a phased development plan targeting modest capex of approximately 10 million per production unit, TMK Energy is securing funding and offtake agreements through discussions with Mongolia's Ministry of Energy.