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.
Clean Global Energy (ASX:CGV) Chairman and CEO, Mr John Harkins, has told Boardroom Radio that the binding Heads of Agreement with $US20B energy company, Essar (LON:ESSR), to commercialise Clean Global Energy's UCG expertise in India, is a "marriage made in heaven".
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.
Linc Energy Limited (ASX:LNC) (PINK:LNCGY) advise that immediately following the completion of the the Company's gas exploration well (LEA #1) in the Point Mackenzie Block of the Cook Inlet Basin in 2010, external contractors were engaged to conduct advanced petrophysical well log analysis and Linc Energy staff commenced planning of the gas flow testing program to define the commercial outcome.
Clean Global Energy Limited (ASX:CGV) has entered into a binding Heads of Agreement with Mumbai-based oil, gas and power multinational, Essar (LON:ESSR), to provide its UCG technology and expertise under a Technology Licence Agreement (TLA).
Linc Energy Ltd (ASX:LNC) (PINK:LNCGY) announce it will conduct an aggressive oil and gas exploration program to the value of A$9 million on its petroleum and exploration tenements in the Arckaringa Basin, South Australia.
Linc Energy Limited (ASX:LNC) (PINK:LNCGY) confirm that it is business as usual for the Company's Chinchilla Underground Coal Gasification to Gas to Liquids demonstration facility in south west Queensland.
