Tlou Energy Limited announced on 23 May 2025 a significant leadership change as Mr. Anthony Gilby stepped down immediately from his roles as Managing Director and Chief Executive Officer due to personal reasons. The Board has appointed Mr. Colm Cloonan as Interim Managing Director while a search for a permanent replacement is underway. Mr. Gilby will remain involved with the company in an advisory capacity, ensuring his extensive expertise continues to benefit operations. The Board acknowledged Mr. Gilby’s contribution over the past decade, highlighting his dedication and expertise that played a key role in the company’s progress. The company, focused on delivering power solutions through gas resource development, operates from both Australia and Botswana. It boasts a sizable, 100% owned acreage position and significant in-country operational expertise. With all major government approvals in place for exploration and development, Tlou Energy Limited remains well-positioned in the market despite the temporary change in leadership. Investors may view the leadership transition both positively and negatively. On the bullish side, the continued advisory role of Mr. Gilby and the swift appointment of an interim leader suggest stability and a commitment to maintaining a steady operational course. Moreover, the strong asset base and secured government approvals add to the company’s defensive strengths. Conversely, the bearish perspective focuses on the uncertainties typically accompanying an executive transition, such as potential delays in implementing long-term strategic plans until a permanent Managing Director is appointed.