Serowe CSG Project, Botswana Africa
- 364,325 acres (1,475 sq km) interpreted high-grade CSG.
- 2.38Tcf Prospective Resource and 23Bcf 2C4.
- Drilling is pending lifting of Covid-19 travel restrictions.
- 3rd party funded $7 million appraisal program.
- Targets predictable reserves growth.
- Drilling to commence when international travel restrictions are eased.
Gas for diesel substitution at nearby Orapa dual fuel power station
Compressed Natural Gas (CNG) – offers early cash flow
- CNG hub planned at Pure’s Serowe CSG field to transport gas on roads.
- CNG generates early cash flow while pipeline/compression infrastructure is planned and built.
- Multiple CNG markets – bus companies, mines, solar backed by CNG.
- Initially supply CNG to Orapa until pipeline built.
Orapa power station – foundation gas market
- 90-megawatt capacity with dual fuel configuration (diesel & natural gas).
- ~90 km from Pure’s high-grade CSG area.
- Currently a peaking station using imported diesel.
- Fully funded appraisal program targets reserves to supply Pure’s gas for 24/7 base load electricity generation.
- Drilling to commence when international travel restrictions are eased.
- Data integration in progress.
