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WILDHORSE ENERGY LIMITED

ASX: WHE

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Description

Wildhorse Energy is a dynamic energy company focussed on becoming a major provider of fuel gas in Central and Eastern Europe through the development of its portfolio of underground coal gasification (UCG) and uranium assets.

Wildhorse has identified an opportunity to develop projects capable of providing long term energy supply to countries in this region. Energy security is a major concern particularly for governments and large scale consumers of natural gas in this region due to its high reliance on imports. Wildhorse has several UCG exploration areas located in Hungary in addition to the Mecsek Hills UCG Project which is at Bankable Feasibility stage.

The Company also holds uranium licences covering 42.9 km2 in Pécs area of Hungary, which together with the 19.2 km2 MML-E licence owned by Mecsek-Öko, comprises the Mecsek Hills Uranium Project. The Company is focussed on forming a joint venture with government agencies Mecsek-Öko and Mecsekérc with the aim of restarting uranium mining in the area.

Mine For

ucg, uranium

Location of operation(s)

Hungary

Address

Level 9, BGC Centre 28 The Esplanade
PERTH, WA, AUSTRALIA

Phone

+61 8 9322 6322

Email

Website


Last Updated

9/9/2014

 

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.

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