Sydney, Mar 22, 2010 (ABN Newswire) - Clean Global Energy Limited (ASX:CGV) is pleased to announce that Mouzsouris Drilling has commenced drilling on EPC1506. The drill rig commenced work on Sunday spudding the first hole.
Stage 1 of CGV's drilling program will see approximately 4,000m to 5,000m of drilling over a minimum of 12 chip holes and 2 core holes on CGV's EPC 1506.
Depending on the outcome of drilling on EPC 1506 some initial drilling may be undertaken on EPC 1508, which is in close proximity to EPC 1506.
The company will keep the market updated as to the progress on the drilling.
About Clean Global Energy Limited
Clean Global Energy (ASX:CGV) is a global energy company that can produce Syngas for use in heating, power generation and the production of chemicals, fertiliser, ultra clean diesel and aviation fuels.
Clean Global Energy uses a process called Linear CRIP Underground Coal Gasification (UCG) to produce Syngas.
Clean Global Energy's advanced Linear CRIP (Controlled Retractable Injection Point) UCG process provides greater efficiencies and control with less overall operating and capital costs.
Once the raw UCG Syngas is produced at the Production Well the Syngas is passed through a number of processes to produce Regular, Premuim or Ultra Syngas depending on the requirements of our clients.
Clean Global Energy's primary business focus is on providing a range of Syngas products to meet our clients needs and demands. Typical users of our Syngas are power generators, chemical, fertiliser and petroleum producers.
Clean Global Energy partners with other companies in the development of solution packages to produce cleaner power from coal, synthetic natural gas and ultra clean fuels.Clean Global Energy also licences its technology globally.
Clean Global Energy currently has projects in the US, India, Australia and China. Australian projects are focused on development of Clean Global Energy’s own extensive coal tenement portfolio into commercial income-producing assets.
Clean Global Energy is a dynamic company that is quickly growing into a major international alternate energy company. You’ll find more information at www.cleanglobalenergy.com.au, including opt-in alerts to receive updated information, as it happens.
Contact
John Harkins Chairman and Managing Director Clean Global Energy Limited Tel: +61-2-9230-0318 www.cleanglobalenergy.com.au
ASX:CGV) is pleased to announce that Mouzsouris Drilling has commenced drilling on EPC1506. The drill rig commenced work on Sunday spudding the first hole.
Clean Global Energy Limited
){kind=link}