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SYNGAS LIMITED - ASX: SYS
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Description
Syngas is an Australian oil and gas company listed on the Australian stock exchange (ASX: SYS)
Assets
* Coal JORC classified resource: 558Mt.
* Mineral Exploration License (MEL) 3896, 3585, Petroleum Exploration License (PEL) 260.
Projects
1. Clinton Project in South Australia (Refer to ASX announcement 7 April 2009 for details).
* Utlilising 285 Mt of JORC classified resource.
* Average 5.4 Mt p.a of coal feed to plant.
* Non-food biomass (residual straw) comprising 10% of feed.
* 1.14 tonnes yields 1 barrel of oil equivalent.
o 170 million barrels product over PFS base case of 33 years life.
2. Future projects: Information pending
3. In March 2009 Syngas relinquished its rights held in Gulf of Mexico prospects.
Finances
* A$2.24 million cash in bank at 31st March 2009.
Mine For
oil, gas
Location of operation(s)
Mexico, South Australia
Address
Suite 8, 1327 Hay Street
West Perth, WA, AUSTRALIA
Phone
(08) 9226 4959
Website
Last Updated
24/02/2010
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.