Perth, Aug 11, 2008 (ABN Newswire) - SAPEX Limited (ASX:SXP) advises that Terrex Seismic completed recording of regional seismic data on 9 August 2008 as part of the extensive program commenced in May 2008.
The regional segment of the program was 219 km and the data will now be processed which is expected to take up to three months before interpretation can be undertaken.
During May and early in June, 246.5 km of detailed seismic was recorded over a number of leads and prospects. This data is currently being processed and is expected to be in a form for interpretation early in September.
The entire program of detailed and regional data totalled 466 km.
About LINC ENERGY LTD
Linc Energy is an innovative, forward thinking energy company and Australia's leader in clean coal technology. The company's vision is to become a dominant player in the supply of more environmentally friendly power, diesel and jet fuel.
Linc Energy aims to achieve this vision by bringing together, for the first time anywhere in the world, two proven production processes known as Underground Coal Gasification (UCG) clean coal technology and Gas to Liquids (GTL).
These processes will economically convert vast "stranded" coal deposits into ultra clean liquid fuels.
Linc Energy will also use the Syngas produced from UCG clean coal technology as feedstock for gas turbines to generate much needed environmentally friendly electricity.
The company has a unique leading edge capacity to provide a viable, more sustainable and smart alternative source of liquid fuels and power generation well into the foreseeable future.
Linc Energy represents a new future for liquid fuels production and power generation.
Contact
Andrew J Andrejewskis Managing Director TEL: +61-8-8363-3311 info@sapex.com.au
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