Carbon Energy Limited

On 19th November 2009 the Parliamentary Secretary to the Minister for the Department of Employment, Economic Development and Innovation (DEEDI), Mr Choi, participated in an official launch of the 5MW plant at Bloodwood Creek. Local dignitaries, including the Mayor, Mr Ray Brown, and Ms Deidre Daylight, a representative of the local indigenous community, were also in attendance.

ABN Newswire stocks to watch today include: Atlas Iron Limited (ASX:AGO), Emergent Resources Limited (ASX:EMG), Carbon Energy Limited (ASX:CNX) (PINK:CNXAF), Magnetic Resources NL (ASX:MAU), and Pike River Coal Limited (NZE:PRC) (PINK:PKRRF).

Carbon Energy (ASX:CNX) advises that final stages of the construction and commissioning of its 5 MW power station is expected to be delayed a number of weeks.

Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) has appointed a new General Manager Technical Services, Mr Andrew Mifflin to evaluate and develop coal resources suitable for underground coal gasification both in Australia and overseas.

ABN Newswire Stocks to Watch today include: iSOFT Group Limited (ASX:ISF), Mt Isa Metals Limited (ASX:MET), Rex Minerals Limited (ASX:RXM), NewSat Limited (ASX:NWT) (PINK:NWTLY), Carbon Energy Limited (ASX:CNX) (PINK:CNXAF), Linc Energy Limited (ASX:LNC) (PINK:LNCGY) and Beach Energy Limited (ASX:BPT) (PINK:BEPTF).

Carbon Energy Limited (ASX:CNX) (PINK:CNXAF) is in the final stages of constructing its 5 MW power station which will be powered by syngas produced from its underground coal gasification (UCG) facility at Bloodwood Creek in Queensland. This is an Australian first for fuelling this type of power station with syngas.

ABN Newswire stocks to watch today include: Image Resources (ASX:IMA)(PINK:IMREF), Carbon Energy Limited (ASX:CNX)(PINK:CNXAF), Kingsrose Mining Limited (ASX:KRM) and Bandanna Energy Limited (ASX:BND).

Carbon Energy Limited (ASX:CNX)(PINK:CNXAF) is pleased to advise the successful close of the initial public offering for shares in Energia Minerals Limited (ASX:EMX), the vehicle established to hold Carbon Energy's uranium exploration assets.

Carbon Energy Limited (ASX:CNX)(PINK:CNXAF) is pleased to announce that it has received an independent reserve statement from MHA Petroleum Consultants (MHA) confirming the large energy potential from the Company's Underground Coal Gasification (UCG) Syngas Reserves located in two of its tenements, EPC867 and EPC869, in the Surat Basin in south-eastern Queensland.

Carbon Energy Limited (ASX:CNX)(PINK:CNXAF) has signed its first international agreement with Antofagasta Minerals to develop a trial project in Mulpun Chile, utilising its UCG technology. Following feasibility studies, it is anticipated that both parties will enter into a Joint Venture to develop commercial projects based on UCG syngas.