Linc Energy Ltd (ASX:LNC) is pleased to announce that its wholly owned United Kingdom (UK) subsidiary, Linc Energy Operations Ltd, has signed a Memorandum of Understanding (MOU) with UK Coal Mining Ltd (LON:UKC), one of the largest land holders and biggest coal producers in the UK.
Linc Energy Ltd (ASX:LNC) is pleased to announce that its wholly owned subsidiary, Linc Gulf Coast Petroleum, Inc. ("Linc Gulf Coast"), has finalized its purchase of oil and gas assets from ERG Resources L.L.C. ("ERG").
Linc Energy Limited (ASX:LNC) is pleased to announce that the South Australian Government is pro-actively supportive of Linc Energy's Oil Shale exploration and development program.
Linc Energy Ltd (ASX:LNC) is pleased to announce the discovery of a significant oil shale deposit within the Stuart Range Formation located in Linc Energy's Petroleum Exploration Licence (PEL) 122 and projected to extend into the adjoining PEL 121 in the Arckaringa Basin in South Australia.
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.
Linc Energy Limited (ASX:LNC) (OTCQX:LNCGY) today announced its intention to conduct an on-market buy-back of up to 5% of the Company's fully paid ordinary shares. The Company has elected to undertake an on-market securities buy-back as a capital management strategy due to the opportunity presented by the current share price.
Riverside Energy Chairman Dr John Bishop Presents UCG to the Capital Markets in Sydney. Riverside is an international energy company focused on producing high value Syngas from umineable coal via a process called Underground Coal Gasification (UCG).
