LINC ENERGY’S STRATEGIESAccelerate development and...

LINC ENERGY’S STRATEGIES
Accelerate development and commercialisation of existing assets and increase oil and gas reserves through further exploration


Gulf Coast Region Assets
• Target to increase production to exit rate of 8,000 to 9,000 BOEPD (gross) by end December 2013
• Plan to drill, as an operator, an aggregate of between 50 and 60 exploratory and appraisal wells in the next 24 months depending on drilling results

Umiat field
• Commence full environmental impact statement review; procure regulatory approvals and commence drilling programme for up to 70 wells in Spring 2014

Wyoming EOR assets
• Intend to significantly increase production in the mid-term (between three and five years) via a CO2 Enhanced Oil Recovery technique, with an anticipated peak gross production of 10,000 to 15,000 BOPD, subject to adequate availability of CO2

Arckaringa Basin Shale Oil and Gas
• Further appraise the unconventional oil resources as well as conduct further exploration of the
deeper conventional oil potential


Be a leader in provision of clean energy through UCG and GTL whilst deploying UCG technology to penetrate new markets and grow our asset base

• Pursue joint ventures with resource owners for the monetisation of stranded coal assets.

• Enter into licensing agreements with selected partners which will include licensing fees, royalty fees, carried equity interests and/or consulting and engineering fees.

• Enter into opportunity screening studies with third parties to evaluate potential commercial UCG opportunities.

• Hold a global portfolio of coal resources acquired specifically to facilitate further development opportunities using UCG technology.

Grow Asian footprint

• Enter into joint ventures with strategic partners to develop UCG projects in the region.

• To open local offices in Asia and recruit leading industry professionals with significant experience and
relationships in these markets, while exporting the Company’s technical experience and know-how to the region.

Unlock value through strategic portfolio management

• Regularly review and evaluate the Company’s asset portfolio and engage in strategic portfolio management activities.

• To further develop coal assets, and at the appropriate time, establish a pure-play Australian coal company
via a divestment and/or demerger.

Optimise capital base and maintain financial flexibility

• To utilise a broader range of financing alternatives and strategies to fund business plan.

http://www.btinvest.com.sg/markets/news/74244.html?source=si_news
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Very interesting and more than was outlined at recent AGM.
Also plenty of $$ required !!