StageCorporate Minority | Alive
About Botala Energy
Botala Energy is an Australian energy company focused on exploration and development opportunities for natural gas and renewables in Botswana. The company serves clients operating in the energy sector. It was founded in 2018 and is based in Crawley, Western Australia.
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Latest Botala Energy News
Jul 14, 2022
Thu, 14 July 2022 5:06PM Camera Icon No shares were traded in Botala Energy on its first day on the ASX as a listed entity. Credit: Rick Rycroft/AP Share to Facebook Copy the Link Botswana-focused coal bed methane player Botala Energy has experienced an inconspicuous debut on the ASX on Thurday after raising $5 million in an initial public offering. No shares changed hands in the tightly-held company on its first day on the boards. Botala holds a 70 per cent stake in the in the Serowe coal bed methane project in Botswana. The project hosts a contingent resource about 317 billion cubic feet of gas and a prospective resource to more than 8 trillion cubic feet. Botala is chaired by WA mining veteran Wolf Martinick, who has retained a 23 per cent stake in the company. Sydney-based listed player Pure Hydrogen, a working partner of the company, holds a 19.9 per cent stake. “We will soon drill four regional exploration wells and a pilot cluster of four wells around our best well to measure commercial gas flows,” he said in a letter to shareholders. The company raised $5m via the issue of 25 million shares at 20¢ through GTT Ventures.
Botala Energy Frequently Asked Questions (FAQ)
When was Botala Energy founded?
Botala Energy was founded in 2018.
Where is Botala Energy's headquarters?
Botala Energy's headquarters is located at Unit 22, 22 Mounts Bay Road, Crawley.
What is Botala Energy's latest funding round?
Botala Energy's latest funding round is Corporate Minority.
Who are the investors of Botala Energy?
Investors of Botala Energy include Pure Hydrogen.
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