CXY cougar energy limited

Despite circumstances in Kingaroy Qld, UCG life goes on for Ergo...

  1. 40,164 Posts.
    lightbulb Created with Sketch. 448

    Despite circumstances in Kingaroy Qld, UCG life goes on for Ergo Exergy UCG technology in New Zealand ...

    http://www.nbr.co.nz/article/results-solid-energy-records-year-two-halves-129070

    Solid Energy is projecting increased coal production and continued work on its $22m underground coal gasification pilot plant, with gas production expected to begin in 2011.

    The company will move to advance various major lignite developments in Southland over the next decade, including coal to liquids, coal to fertiliser, lignite briquetting for the domestic and export markets, and lignite/biomass to synthetic crude.

    Presentation slides show that the company expects to produce 1.2m tonnes of coal-derived urea from 2016, and up to 35,000 barrels of coal-derived liquids per day by 2020


    It is encouraging imo. Looks like the Kiwis don't care much for peanuts!

    Cheers
    Dex
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.