proceeding to full hearing of appeal

THE NEW POWER IN AUSTRALIA
Cougar Energy Limited T: + 61 3 9909 7200 ASX: CXY
Suite 1002, 530 Little Collins Street F: + 61 3 9909 7217 Reuters: CXY.AX
Melbourne 3000 Australia www.cougarenergy.com.au Bloomberg: CXY AU
7 February 2012
COUGAR ENERGY TO PROCEED TO FULL HEARING OF APPEAL IN
QUEENSLAND PLANNING & ENVIRONMENT COURT
Cougar Energy Limited (ASX: CXY) advises that it continues to progress its Appeal against the Queensland Government Department of Environment and Resource Management’s closing down of the Company’s Kingaroy Underground Coal Gasification (UCG) site.
A Directions hearing for the matter is due on 1 March 2012 at which the Company will seek to set the final timetable and have the full hearing set down before the Queensland Planning and Environment Court at the earliest possible date.
Cougar Energy has decided not to appeal a decision of the Court made on 21 December 2011 refusing an interlocutory application made by the Company to stay a requirement for it to commence some rehabilitation works before the hearing of the Appeal. Whilst the Company disputes the interlocutory decision, it has no relevance to or bearing upon the Appeal in which full expert evidence may be led on all relevant issues.
The Company’s Writ issued out of the Queensland Supreme Court seeking damages from the Queensland Government and various named officials continues to proceed through preparatory (interlocutory) steps for trial later this year.