InvestSMART

TMK Energy Limited (ASX:TMK)

ALERT: Price-sensitive ASX Announcement for TMK
Current share price for TMK : $0.145 0.03 (26.09%)+
Announcement
Release
5 Jan 2026 9:36AM
Price at Release
$0.115
Full Release
download
Summary
TMK Energy Limited announced a significant increase in gas production from its Gurvantes XXXV Coal Seam Gas Project in Mongolia, marking the fifth consecutive month of record production. In December 2025, the average daily gas production was 526m3, a 13% rise from November, with a record peak production of ~570m3 achieved. The company is exploring using the gas for onsite power generation, with excess power potentially available for sale to the local grid. TMK aims to focus on the commercialisation of its coal seam gas resources in 2026.
Key Points
  • Record daily gas production of ~570m3 achieved in December 2025.
  • Gas production in December averaged 526m3 per day, a 13% increase from November.
  • Fifth consecutive month of increasing gas production at Gurvantes XXXV Project.
  • All wells reported greater than 99% uptime.
  • Planning underway to use gas for power generation at the site.
  • Commercialisation of coal seam gas resource to be a focus for 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.