Botala Energy
Promotional Strapline: A new dawn for future industries
Primary Ticker: ASX:BTE, BSE:BTE
Stage of Development: Production, Development, Exploration
Primary Minerals: Other
Country / Region: Botswana
Market Cap 13.5M
Website: Botala Energy
Botala Energy’s mission is to enable a successful, secure, and sustainable energy future for Botswana and unlock new economic opportunities. Established in 2018 Botala is currently exploring and developing; the Serowe Gas Project and Solar Opportunities within Botswana. Current operations are centralised around the Serowe coal bed methane (CBM) project with the potential for more exciting opportunities in the future within renewable energies including solar panel manufacturing in partnership with Solar Finland.
Botala's development and growth will ideally have many positive social, environmental, and economical benefits for a wide range of stakeholders and shareholders. This includes increasing the supply and reliability of Botswana’s energy supply, reducing the cost of domestic electricity, reducing and ideally removing the need for Botswana to import external energy and creating a revenue stream through the export of cleaner electricity and sale of gas.
Management Profile
Kris Martinick, B Chem Eng (Hons); BSc Chem; BCom.
Kris has over 20 years experience in the oil and gas industry in Australasia; including oil and gas field development and processing plants, LNG plants, gas fired power stations and project management. Kris has held senior management roles working on projects and operations in remote areas of Australia and PNG. He is a non-executive director of several private Perth based companies.
What are your key goals for the next 3, 6 and 12 months?
3 Months
- Conclusion of gas off-take agreements while continuing to flow gas from Project Pitse.
- Start the Bankable Feasibility Study for a 100TPD LNG plant targeting first gas to the market in 2026.
- Reach final investment on the 4MW Solar Project Phuthi
6 Months
- Conclude gas off-take agreements
- Conclusion of the Bankable Feasibility Study for a 100TPD LNG plant
- Commence construction of Project Phuthi in the town of Serowe
12 Months
- Begin development drilling for the 100TPD LNG project
- Procurement of the LNG plant and management of the detailed engineering in preparation for commissioning and startup in 2026.
- Operational 4MW Project Phuthi
What do you think makes your company such a compelling investment?
- Exploration to-date has reduced the exploration risk for CBM potential in the area. Serowe-3 has successfully produced and flared gas providing sufficient data to progress with the commercial pilot programme.
- SASOL has announced the impending gas cliff for South Africa as it will shut-off gas supply in mid-2027. The market in South Africa is large and on the door-step of the Serowe Project. There has been significant interest in companies looking to diversify their gas sources.
