Cougar Energy
Cougar Energy receives permit to establish Kingaroy UCG & power project in Queensland
Cougar Energy (ASX Code: CXY) has achieved two milestones at its Kingaroy Underground Coal Gasification (UCG) and power generation project in Queensland.
Dr Len Walker managing director of Cougar Energy said receiving the "Mineral f" permit from the Queensland Government under the Queensland Mineral Resources Act now enables Cougar to specifically establish a UCG project on site within its Mineral Development Licence 385.
Walker said the Mineral f permit approval includes the most stringent environmental conditions applied to any UCG project in Australia.
He said the company appreciated the Queensland Government support and confidence in the development of flagship project at Kingaroy.
Walker said on forward planning estimates, gas production is due to commence in the Kingaroy Project Pre-Production Phase in January 2010.
The company has awarded a combined construction contract to Eastcoast Development Engineering Pty Ltd to undertake all earthworks, civil works, mechanical, piping, electrical and instrumentation works at the Kingaroy site. Fabrication of pressure piping will begin in August and mobilisation to site is targeted for 1 September 2009.
Other Cougar Energy news
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04/02/10 Cougar Energy prepares Kingaroy pilot project for production
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20/11/09 Cougar Energy receives Pakistan Government approval for exploration licence
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28/08/09 Cougar Energy in trading halt, pending placement of shares
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18/08/09 Cougar Energy's Wandoan JORC coal resource tops 341 million tonnes
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15/06/09 Cougar Energy has 2009 milestone for Kingaroy UCG plant
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03/04/09 Cougar Energy raises $4.2m to develop underground coal gas gasification project, QLD
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02/03/09 Cougar Energy gains further green light for underground coal gasification project
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