CENTRAL PETROLEUM SE announcement:28th June:see Ticker:CTP
LINC gets a mention! For those of you that have not seen this you may enjoy some light reading on a quiet day!
Today technology based projects are increasingly becoming mainstream and we expect
many more to appear across the globe in the next decade. Current examples of UCG
projects in existence and planned near term include;
? Yerostigaz, 50 years of UCG for power generation in Uzbekistan (now majority
owned by Linc Energy Limited, of Australia);
? Chinchilla, 10 years of UCG operation in Queensland Australia, including 3
years of liquids production (100% Linc Energy).
? Eskom, the South African government?s power utility has been conducting UCG
trials for many years and is presently co-firing a power station with UCG derived
Syngas as well as coal.
? Eskom have announced its intention to develop a 2,100 MW 100% UCG fired
power station in South Africa.
? Linc Energy plans multiple UCG/GTL projects (power generation and liquids
production) starting with Wyoming in the December half 2011 and rolling out other
UCG projects across coal assets in Alaska, Australia and Asia.?
In concluding, David Shearwood stated, ?ARP is pleased to be working with CTP who
over a decade ago set about exploring Australia?s remote interior in a brilliant forward
looking counter cyclical strategy.
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