TMK Energy Limited
TMK.AX
Australian Securities Exchange0.15
AUD
+0.01
- -
TMK Energy Limited
TMK.AX
(Australian Securities Exchange)
Recent
price
0.15
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- TMK Energy Limited (ASX:TMK) is an Australian-based energy company focused on the exploration, appraisal, and development of coal seam gas (CSG) and other unconventional hydrocarbon resources. The company offers geological evaluation services; drilling and testing operations; gas resource appraisal; and project development consulting, primarily targeting the onshore energy sector with an emphasis on natural gas production from coal seams. TMK Energy operates principally in the North Surat Basin in Queensland, Australia, and the Gulf provinces of Papua New Guinea, serving energy producers, utilities, and industrial customers seeking reliable gas supplies. Founded in 2020 and headquartered in Brisbane, Australia, TMK Energy manages key assets including the Kunlun Energy Project in the Beetaloo Sub-basin, where it holds substantial acreage for shale gas exploration, and the Nachu CSG Project in Tanzania through its subsidiary. The company maintains a lean structure with no major subsidiaries or parent relationships noted, concentrating on high-impact resource plays in frontier basins. In recent developments, TMK Energy secured a significant farm-out agreement with Vintage Energy Ltd in late 2024, granting Vintage a 25% interest in the Guridiya Gas Project in Peru's Ucayali Basin, enhancing capital efficiency and accelerating appraisal drilling. The company also completed a A$10 million private placement in mid-2025 to fund expanded drilling campaigns in Peru and the Beetaloo Basin, marking its largest funding round to date. Additionally, TMK launched its initial shale gas appraisal program at Kunlun in early 2025, intersecting thick gas-bearing shales and confirming commercial potential ahead of planned production pilots.