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SYNGAS LIMITED

ASX: SYS

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

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: 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$0.74 million cash in bank at 31st August 2010.

Mine For

oil, gas

Location of operation(s)

Mexico, South Australia

Address

Suite 1, 102 Gloucester Street
The Rocks, NSW, AUSTRALIA

Phone

+61 2 9252 5052

Email

Website


Last Updated

21/1/2015

 

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.