Botala Energy Ltd is a coal bed methane (CBM) exploration and development company focused on developing production from the Serowe CBM Project located in Botswana (and related early-stage renewable energy opportunities). On Admission to the ASX, the Company will hold a 70% interest in the Serowe CBM Project, which is located in a high grade CBM region of Botswana.
The Serowe CBM Project covers approximately 4,100 square kilometres of CBM prospecting licenses in the Karoo-Kalahari Basin in Central Botswana.
It is anticipated that BTE will list on the ASX during July 2022.
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