
Botala Energy Ltd (ASX:BTE) CEO Kris Martinick joined Proactive's Stephen Gunnion to discuss a pivotal moment at the company's Serowe CBM Project in Botswana — the spudding of well 3.5B, its first true production well. Martinick explained that years of groundwork — reservoir modelling, desorption testing and a network of dewatering wells — are now complete, making 3.5B the critical step from preparation to output. He draws parallels between Botswana's geology and Queensland, Australia, where CBM has underpinned a multi-billion-dollar LNG industry. The commercial backdrop is compelling: Southern Africa faces significant gas shortages, a gas offtake agreement is already in place, and the Botswana government is supportive. Next steps are flow testing, pilot production, and replicating success across additional wells. For more videos like this, visit Proactive’s YouTube channel, give this video a like, subscribe to the channel, and enable notifications so you never miss an update. ...
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