Sydney, Aug 10, 2011 AEST (ABN Newswire) - Riverside Energy Chairman Dr John Bishop Presents UCG to the Capital Markets in Sydney. John is a geophysicist by training and founded the Tasmania-based consulting company Mitre Geophysics Pty Ltd in 1980. Prior to this he gained government, contracting and academic experience. John co-founded Icon Resources Ltd, an ASX listed emerging tungsten producer, and was managing director from 2006.
Syngas can be used for power generation, heating, the production of chemicals, fertilisers, ultra clean diesel and aviation fuels. The global abundance of conventionally unminable coal and the flexibility of Syngas offer many potential markets and opportunities. REL is well placed to become a leading specialist within the rapidly emerging global UCG industry and to capitilise on the company's recognised technological expertise and experience.
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About Riverside Energy
Riverside is an international energy company focused on producing high value Syngas from umineable coal via a process called Underground Coal Gasification (UCG).