knife edge, page-6

Immediately after I took it. Bot on... same same. GL to the algorthym (and all CXY holders).

Sydney - Tuesday - May 12: (RWE Aust Business News) - Cougar
Energy (ASX:CXY) is targeting a second Queensland Underground Coal
Gasification (UCG) project with a new drilling campaign on its Wandoan
lease (EPC 1118) in the Surat Basin.
The drilling program, scheduled to start this month and be
completed by the end of June, is designed to establish an initial JORC
compliant coal resource of between 200m and 300m tonnes.
The Wandoan project is separate from Cougar's current UCG and
power station project at Kingaroy.
The target of the new Wandoan drill program is the Macalister
Seam, which occurs near the top of the Walloon Coal Measures over the
entire tenement at depths between 250m and 300m.
A drilling program of six holes completed by Cougar last November
intersected coal seams of a thickness and at a depth suitable for
application of the UCG process.
"The establishment of a JORC resource on EPC1118 is of great
significance in Cougar's longer term plans," managing director Len Walker
said.
"It gives the company the opportunity to commence the planning of
a second UCG project in Queensland to follow successful development of
the proposed UCG gas-fuelled power plant at Kingaroy."