TMK Gas Output Hits New High As Discovery Clears Regulatory Hurdle
Closing price · 2026-10-26: $0.110 · -2.22%
TMK Energy reported record September-quarter gas production, up 17.5% from the prior quarter, with recent output around 15% above September’s daily average. The regulator accepted the gas discovery declaration, allowing the project to move into appraisal, while the 2026 work programme has begun and the company says it is fully funded, with approximately $4 million in cash and no debt at quarter-end.