who is telling little porkies then December 5, 2006 - Ergo...

who is telling little porkies then December 5, 2006 - Ergo Exergy agrees to co-operate with Cougar Energy (Australia)

Ergo Exergy agrees to co-operate with Cougar Energy Pty Ltd (Australia) in the development of Underground Coal Gasification projects in several states of Australia using coal resources on tenements controlled by Cougar Energy. Cougar Energy is a 100% owned subsidiary of Pinnacle VRB Limited, a company listed on Australian Stock Exchange. The drilling program on the Kingaroy tenement (Queensland) is starting on December 18, 2006.



November 10, 2006 - Ergo Exergy terminates provision of UCG services to Linc Energy Ltd (Queensland, Australia).

Ergo Exergy formally confirms that provision of its UCG services to Linc Energy Ltd has been terminated on November 03, 2006. This concludes the process of disassociation initiated by Ergo Exergy on September 22, 2006. Ergo Exergy will no longer operate the Chinchilla site or provide its technical expertise to Linc Energy. Ergo Exergy continues to focus on implementation of our ?UCG™ technology in multiple commercial projects that are currently under development in Canada, South Africa, USA, Europe, India, China, New Zealand, Australia and other countries.



September 23, 2006 - Ergo Exergy terminates arrangements to provide ?UCG™ technology to Linc Energy Ltd (Queensland, Australia).

Ergo Exergy ends tentative business arrangements for provision of our ?UCG™ technology to Linc Energy Ltd (Queensland, Australia) by declining to further extend the arrangements that expired on September 22, 2006. For the time being, Ergo Exergy continues to provide UCG services to Linc Energy on an interim basis.


Compare the dates and comments contained within the above statements from the Ergo Exergy website with the following ASX announcement from Linc:


ASX Announcement (5th December 2006)

AUSTRALIAN COMPANY ANNOUNCES RUSSIAN ALLIANCE
FOR GAS PRODUCTION


Brisbane based listed alternative energy company, Linc Energy Ltd
(ASX:LNC) today announced in Moscow a major development of its
underground coal gasification project (UCG) in Queensland, following the
signing of two strategic alliances with leading Russian institutions.

Linc Energy believes the Russian involvement will greatly enhance its UCG
(Underground Coal Gasification) knowledge and technology base whilst
encouraging significant international interest in its UCG and Gas to Liquids
(GTL) processes.

Managing Director of Linc Energy, Mr Peter Bond, today announced the
signing of two co-operation agreements with the Skochinsky Institute of
Mining in Moscow (Skochinsky Institute) and its parent organisation, the
Scientific-Technical Mining Association (STMA).

The Skochinsky Institute will provide consultation and engineering services to
Linc Energy, including relevant UCG technology transfer and training, teaming
up with senior Linc Energy engineers in the development of the UCG process
at Chinchilla to produce quality syngas from Linc Energyís abundant coal
reserves.

The 77-year old mining research and development organization, Skochinsky,
has pioneered UCG (Underground Coal Gasification) in the development and
research of the process ñ which will be used by Linc Energy at its Chinchilla
plant, expected to be constructed by mid-2007.

The Skochinsky Institute recently signed a contract with Indiaís ONGC (a
Fortune 500 company) to develop UCG gasfields in India, with the first stage
of this agreement being recently completed.

Linc Energy's UCG team has been bolstered by the appointment of additional
UCG staff with Mr Oleg Krzyzanowski being appointed as General Manager of
UCG Operations.

With Linc Energy confirming the Skochinsky Institute as its preferred UCG
technology supplier and UCG consultant, Linc will immediately terminate its
arrangements and relationship with Ergo Exergy Technologies (Inc) of
Canada. Mr Bond said, Ergo Exergy's work has been greatly appreciated, however we have taken up the opportunity of working with the masters and pioneers of
UCG, allowing Linc energy significantly greater commercial and technology
freedom.

The Russian announcement coincides with drilling on Linc Energy's Chinchilla
site to map out and prove the extent of the coal resource, with approx 30 open
holes and 10 diamond core holes so far drilled, Linc energy will continue
drilling the Chinchilla program with results expected to be available by end of
February next year.

Linc Energy is acknowledged already as the leader of UCG in the western
world, with its Chinchilla project now the longest running and most successful
UCG project outside the former USSR.

Chairman of Linc Energy, Mr Brian Johnson said, ìWith Linc Energy now
joining forces through this agreement with the Skochinsky Institute, the final
bricks of technology and engineering support have been cemented into
place.î

The company said that this arrangement with the Skochinsky Institute will
strengthen Linc Energyís position as one of the most prominent operators and
developers of commercial UCG (Underground Coal Gasification) projects in
the world, with Linc Energyís UCG to GTL (Diesel) plant at Chinchilla on track
to open in mid 2007.


For further information:
Peter Bond
Managing Director
Linc Energy Ltd
(07) 3229 0800


(Got to love it!)