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TMK Energy Limited Commences Production Testing for Gurvantes XXXV CSG Project — ASX:TPD| ASX Mining News & Discussion
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Lykeshares Official
$TPD TMK Energy Limited Commences Production Testing for Gurvantes XXXV CSG Project
TMK Energy Limited (ASX: TMK) is excited to announce that production testing has begun for the Pilot Well Program at the Gurvantes XXXV CSG Project in the South Gobi Basin of Mongolia. The three-well maiden Pilot Well Program has been successfully drilled, completed, and surface facilities have been installed and commissioned. This marks an important milestone for the Company as it moves into the extended production phase.

Successful Commissioning and Pumping Operations

Since the last update on July 13, 2023, the pumps on all three wells have started pumping operations at low speeds. Currently, the wells are producing water, which is being piped to a nearby storage pond for recycling by neighbouring mining operations. The initial water rates are in line with expectations, indicating favourable permeability.

Reservoir Depressurisation and Gas Breakthrough

Over the following weeks, the pump speeds will gradually increase, and the reservoir will begin to depressurise. While initial gas breakthrough is not ...
TMK Energy Limited Commences Production Testing for Gurvantes XXXV CSG Project

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?