Linc Energy Limited (ASX:LNC) (PINK:LNCGY) is pleased to provide the following update on its key activities: Completion of Rancher Acquisition Linc Energy's wholly owned subsidiary, Linc Energy Petroleum (Wyoming) Inc., has completed the previously announced purchase of three producing oil fields (approximately 27,856 acres) from Rancher Energy Corp., a Nevada Corporation currently in bankruptcy.
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.
Linc Energy (ASX:LNC) (PINK:LNCGY) is pleased to announce that it has signed an exclusive agreement with PowerHouse Energy Inc (PowerHouse), a leading provider of onsite clean energy systems that use traditional and renewable forms of fuel (waste, biomass and coal) to generate electricity and synthetic gas in an environmentally responsible way.
Linc Energy Limited (ASX:LNC) (PINK:LNCGY) is pleased to announce that Chief Executive Officer Peter Bond, will drive a diesel car from Queensland to Perth, a distance of over 5,500 kilometres, on ultra clean diesel fuel created from the company's own Underground Coal Gasification and Gas to Liquids technologies.
Linc Energy Limited (ASX:LNC) (PINK:LNCGY) is pleased to announce that its wholly owned subsidiary, Linc Energy Petroleum (Wyoming) Inc., has acquired three producing oil fields (approximately 27,856 acres) from Rancher Energy Corp., securing immediate oil production and a significant CO2 enhanced oil recovery opportunity.
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.
Clean Global Energy Limited (ASX:CGV) Chairman and CEO, Mr John Harkins, has welcomed the 12 cent speculative buy recommendation from Minelife's Gavin Wendt.
