Continued Increase in Gas Production at Gurvantes Project.

TMK Energy Limited (ASX: TMK) has achieved a significant milestone with record gas production at its 100% owned Gurvantes XXXV Coal Seam Gas (CSG) Project in Mongolia. On 21 January 2026, the company recorded a new daily gas production record of ~674m³ (~23,800 scfd), marking an 18% increase from the previous record in December. The average daily gas production for January reached ~593m³, a 13% rise from December's average of ~526m³, with water production steady at 497 barrels per day. The LF-07 well, the most recent addition to the field, exceeded 10,000 scfd for two consecutive days, setting a strong precedent for future wells. Despite winter challenges, the project has demonstrated consistent growth, bolstering confidence in its ongoing success and positioning it for future development. Additional testing will be carried out to monitor reservoir pressure changes in February 2026.

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