CXY cougar energy limited

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    KINGAROY WATER TEST RESULTS UPDATE
    Cougar Energy Limited (ASX: CXY) advises it has received further test results from several
    monitoring bores since the previous report of results announced to the ASX on 20 December
    2010.
    Two of these test results (sampled in monitoring bore T5066 close to the Kingaroy UCG pilot
    plant) indicated a level of 1 part per billion of benzene. No benzene or toluene was detected
    in any other monitoring bore including bores located adjacent to T5066 in the upper aquifer
    system.
    This finding does not present any danger to local landholder water supplies and does not
    exceed the Australian Drinking Water Guideline for benzene.
    The results from monitoring bore T5066 have been inconsistent, with a number of readings
    showing no detectable levels of benzene. Sampling and testing continues.
    Cougar Energy continues to co-operate and work with the Queensland Government and
    DERM, and awaits their response to the Environmental Evaluation reports submitted by the
    Company.
 
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