Carbon Energy (ASX:CNX) (OTCMKTS:CNXAY) is building a gas business, utilising its unique keyseam technology.
The Company is committed to providing industrial gas users with an affordable and secure source of high quality feedstock, as gas prices remain strong, through increased demand across our key markets.
Carbon Energy is the only company to complete a full-lifecycle, commercial scalable underground gasification trial. The Company's keyseam technology has successfully accomplished all the recommendations outlined by the Queensland government's Independent Scientific Panel (ISP) which included intense, independent environmental scrutiny.
Carbon Energy Limited
ASX:CNX ISIN:AU000000CNX4
News
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to advise that commissioning of its Underground Coal gasification Panel 2 will commence in the week beginning 21 March 2011.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) developer of Australia's first commercial Underground Coal Gasification (UCG) fuelled power station has executed a Share Sale Agreement to acquire USA-based Clean Coal Inc. and UK-based Clean Coal Amasra Ltd. This transaction delivers projects in the United States of America and Turkey as developed by Clean Coal Ltd. The acquisition has the potential to increase Carbon Energy's coal resources by almost three fold to in excess of 2 billion tonnes and underpins the Company's plans to build an international portfolio of UCG projects.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) announce that it has signed a Memorandum of Understanding with Adani Enterprises Ltd (BOM:512599) (NSE:ADANIENT), a member of the Adani Group of India, for the purpose of establishing a joint venture in India to pursue Underground Coal Gasification.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) advises that it has received a notice to proceed from the Queensland Government Department of Environment and Resource Management (DERM) enabling the Company to initiate gasification of its new Underground Coal Gasification (UCG) Panel 2, with amended environmental conditions for its Bloodwood Creek site in Queensland.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) advises that it has received a notice from the Queensland Department of Environment and Resource Management extending the date for a final decision on the Company's amended Environmental Authorities to 11 February 2011.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to release the following announcement: Due to a number of phone calls received from concerned shareholders regarding the recent flooding which is affecting Queensland's regional Western Downs area, the Company provides this update on the status of our site at Bloodwood Creek.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) advises that discussions on amended environmental conditions for its Bloodwood Creek site in Queensland with the Queensland Government Department of Environment and Resource Management are progressing.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to advise that it its recent Concept Study into the production of alternative downstream products from UCG syngas has confirmed the opportunity for the production of ammonia and synthetic natural gas.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to announce that it has successfully completed a share placement of approximately 61 million ordinary shares at A$0.33 to raise A$20 million, before costs.
Further to our announcement of 17th November 2010, Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) advises that it has been working closely with the Queensland Government Department of Environment and Resource Management (DERM) to expedite any clarifications or amendments that maybe required to environmental conditions for the Company`s Bloodwood Creek site.
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