Carbon Energy (ASX:CNX) (OTCMKTS:CNXAY) is building a gas business, utilising its unique keyseam technology.
The Company is committed to providing industrial gas users with an affordable and secure source of high quality feedstock, as gas prices remain strong, through increased demand across our key markets.
Carbon Energy is the only company to complete a full-lifecycle, commercial scalable underground gasification trial. The Company's keyseam technology has successfully accomplished all the recommendations outlined by the Queensland government's Independent Scientific Panel (ISP) which included intense, independent environmental scrutiny.
Carbon Energy Limited (ASX:CNX) (OTCMKTS:CNXAY) today announced it had signed a non-binding term sheet with Ascot Energy Pte Ltd (Ascot Energy) to license its keyseam technology and services to develop a modular 30MW capacity syngas fuelled power project in Indonesia (Term Sheet).
Carbon Energy (ASX:CNX) (OTCMKTS:CNXAY) is pleased to announce that the Company's largest shareholder, Kam Lung Investment Development Company Ltd ("Kam Lung"), will increase its interest in the Company to 19.99% with Kam Lung also to nominate a representative to join the Carbon Energy Board of Directors.
Asian Activities Report for September 16, 2011 includes: Carbon Energy Limited (ASX:CNX) has successfully achieved an Underground Coal Gasification process innovation at the Company's project site in Queensland; Ivanhoe Australia Limited (ASX:IVA) has launched an equity issuance to raise up to A$150 million net proceeds to boost project development; Iron Ore Holdings Limited (ASX:IOH) announced a maiden JORC Mineral Resource at the Dragon Project of 21.5Mt at 55.4% Fe; Interra Resources Limited (ASX:ITR) has completed infill development well YNG 3240 at the Yenangyaung oil field in Myanmar; Tata Consultancy Services Limited (BOM:532540) has signed a multi-year contract with Nets, one of the largest payment cards, payment solutions and payment exchange information companies in Northern Europe.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to announce that the Company's joint project with Mulpun Energy, a subsidiary of Antofagasta Minerals S.A., has reached a major development milestone with sign off by both parties following the achievement of key Phase 1 deliverables. The project will now move forward with the formalisation of the Joint Venture Company.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) developer of Australia's first syngas-fuelled power station is pleased to advise that the testing and commissioning program for its 5 MW Power Station is continuing to progress well.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to advise that testing of its 5 MW Power Station has commenced with the successful introduction of syngas to the first gas engine.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to advise that commissioning of Underground Coal Gasification Panel 2 is proceeding as planned at the Company's Bloodwood Creek facility, located in the Surat Basin, south-east Queensland.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to advise that it has now completed its acquisition of 100% of the issued capital of USA-based Clean Coal Inc. and UK-based Clean Coal Amasra Limited.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) are pleased to advise that the Company has successfully commissioned syngas production to the main flare from its Underground Coal Gasification (UCG) Panel 2 at the Company's Bloodwood Creek facility, located in the Surat Basin, south east Queensland.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is pleased to advise that it has successfully initiated syngas production from its Underground Coal Gasification (UCG) Panel 2 at the Company's Bloodwood Creek facility, located in the Surat Basin, south east Queensland.
Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) March 2011 Quarterly Report Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) Half-Year Financial Report Ended 31 December 2010 Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) December 2010 Quarterly Report Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) September 2010 Quarterly Report
