View Single Post
  #1  
Old 02-19-2016, 03:34 AM
Sparty Sparty is offline
Administrator
 
Join Date: Mar 2009
Posts: 1,765
Default Linc Energy & PT Sugico Graha sign agreements to develop commercial UCG projects

Linc Energy and PT Sugico Graha sign agreements to develop commercial UCG projects in Indonesia

 PT Sugico Graha (Sugico) has been granted a license to use Linc Energy's proprietary Underground Coal Gasification (UCG) intellectual property throughout Indonesi'
 Sugico to pay a License Fee of US$17.5 million for the UCG license upon achievement of agreed milestones and an ongoing royalty for the synthesis gas produced by UCG
 Sugico plans to deploy UCG across its significant coal acreage, with initial
projects planned for South Sumatra and South Kalimantan

Read full release .pdf

More at www.ucg-gtl.com

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

Reply With Quote