Shares of TLOU Energy Ltd (LON:TLOU) dropped 9.2% on Thursday . The company traded as low as GBX 5.65 ($0.07) and last traded at GBX 5.68 ($0.07). Approximately 865,879 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 2,070,000 shares. The stock had previously closed at GBX 6.25 ($0.08).

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About TLOU Energy (LON:TLOU)

Tlou Energy Limited identifies, explores, evaluates, and develops coalbed methane (CBM) natural gas resources for gas-to-power generation in Southern Africa. It holds 10 prospecting licenses covering an area of approximately 8,300 square kilometers in the Karoo Basin, Botswana. The company owns a 100% interest in the Lesedi CBM project.

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