Carbon Energy Limited (ASX:CNX) Announce Successful Commissioning Of Underground Coal Gasification Panel 2 Progressing
Brisbane, April 18, 2011 AEST (ABN Newswire) - Carbon Energy Limited (
ASX:CNX) (PINK:CNXAF) is pleased to advise that commissioning of Underground Coal Gasification (UCG) Panel 2 is proceeding as planned at the Company's Bloodwood Creek facility, located in the Surat Basin, south-east Queensland.
Following successful commissioning of the horizontal product well and main flare on 4th April, the panel continues to perform consistently and according to expectations. Gas quality continues to build and commissioning of the surface gas processing facilities is progressing as planned.
Introduction of syngas to the power station's first gas engine and subsequent commissioning is anticipated to commence prior to the end of this month in accordance with the Company's schedule.
Further project updates will be provided over the coming months as key milestones are achieved.
About Carbon Energy Limited
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.
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