Australian Rare Earths

Australian Alternative Energy Forum


Not Really a Forum, more of my memory aid.


Comments on this forum should never be taken as investment advice.


Go Back   Alternative Energy Forums > Alternative Energy Discussion > UCG (undeground coal gasification)

Reply
 
Thread Tools Display Modes
  #1  
Old 06-15-2009, 01:58 AM
Sparty Sparty is offline
Administrator
 
Join Date: Mar 2009
Posts: 1,774
Default End to Australia's oil importation a possibility

Much has been written about Australia's decreasing oil security with the fear of ever increasing oil imports dominating our energy sector.

It appears that there are some quite near term factors that could see Australia become a net oil exporter.

One tiny little Australia company with a market cap of around $30m dollars has made a discovery that will be seen in a few years time as a giant elephant.

This report was issued by Martin Place Securities a normally sober and judicious advisory firm.

"Independent Geologist’s reports indicate that CTP has the potential to
discover billions of barrels of oil, trillions of cubic feet (TCF) of gas, billions
of cubic feet (BCF) of helium, and over a trillion tonnes of coal. The coal
has the potential to produce coal-seam methane (CSM) and Underground
Coal Gasification (UCG) syngas, which could be utilised in gas-to-liquids
(GTL) to produce diesel and other value adding technology."

To get an understanding of what this means have a read of the full article.

 

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
Reply

Tags
australia, coal gasification, coal to liquids, gtl, syngas, ucg

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT. The time now is 03:49 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.