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CARBON ENERGY BECOMES EXCLUSIVE UCG PROVIDER FOR GOVERNMENT...

  1. Sonny Boy
    34 Posts.
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    08/05/13
    10:16
    Post #: 11736650
    CARBON ENERGY BECOMES EXCLUSIVE UCG PROVIDER FOR GOVERNMENT APPROVED PROJECT IN CHINA
    Carbon Energy becomes the exclusive underground coal gasification (UCG) technology partner for an approved UCG project in Inner Mongolia, China. Mineral Resources Exploration Licence and UCG Demonstration Project Approval have already been gained from the Ministry of Land and Resources, P.R.C and the Inner Mongolian Government.
    The commercial terms include a technology licence fee and ongoing technology services fees. Royalties will be paid once revenue is generated by the project.
    CNX Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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