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LINC ENERGY LTD - ASX: LNC
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Description
Linc Energy is an innovative, forward-thinking energy company and Australia's leader in clean coal technology. Linc Energy has proven the combination of two technologies, Underground Coal Gasification (UCG) and Gas to Liquids (GTL). Together these technologies have the potential to economically convert 'stranded' coal, from deep underground, into ultra-clean liquid fuels.
Queensland
* Linc Energy operates its Chinchilla Demonstration Facility under Queensland Government Mineral Development Licence (MDL)
* The Chinchilla Demonstration Facility was established to prove that UCG and GTL technologies can be combined to produce cleaner power and fuels
* The facility boasts four UCG generators and GTL production runs of up to 150 consecutive hours
* An on-site laboratory allows immediate gas and product analysis for process improvements
* The facility remains an important R&D centre as Linc Energy looks to establish its first commercial operation, planned for South Australia.
South Australia
* Linc Energy acquired South Australia petroleum and gas explorer, SAPEX Limited, in October 2008
* This acquisition provided Linc Energy with access to Petroleum Exploration Licences and Exploration Licences across the Arckaringa, St Vincent and Walloway Basins in South Australia
* Drilling, exploration, feasibility and design work is underway to prioritise a location for Linc Energy’s first commercial UCG to GTL operation
United States
* Linc Energy has over 296,000 acres of coal lease holdings in the United States across the states of Alaska, Montana, North Dakota, and Wyoming.
* These coal leases are located in well known energy producing regions, being the Cook Inlet, Powder River and Williston Basins.
Mine For
coal, ucg
Location of operation(s)
Queensland, South Australia, USA
Address
32 Edward St
BRISBANE, QLD, AUSTRALIA
Phone
(07) 3229 0800
Website
Last Updated
10/03/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.