Botala Energy Ltd (BTE) is an ASX-listed company engaged in the exploration and development of coal bed methane (CBM). The company's primary focus is on advancing its Serowe CBM Project, where it holds a 70% stake. This project is situated in a high-quality CBM region in Botswana. Botala, as the operator, sees significant potential for commercialising the project, given the strong demand for a reliable power supply in Botswana. In addition to CBM development, the company is also exploring early-stage opportunities in renewable energy to complement its operations.