SOURCE: Zeus Development Corporation

Zeus Development Corporation

May 05, 2011 13:55 ET

Linc Energy, Clean Global Energy Added to UCG2011 Program

HOUSTON, TX--(Marketwire - May 5, 2011) - Zeus' Fifth Annual Conference on Underground Coal Gasification (UCG) is pleased to announce the addition of two key project developers to the speaker lineup: Daryl Rattai, general manager for UCG at Linc Energy (ASX: LNC) and Dr. Michael Green, technical director and Dr. Mark Hart, VP US business for Clean Global Energy (ASX: CGV).

"Linc and Clean Global Energy represent two of the most advanced competitors in the rapid-growth UCG industry," said Chris Cothran, editor and analyst, Zeus Syngas Refining Report. "Their addition gives us five prominent developers on the program, including Gazprom, Laurus Energy, and Wildhorse Energy, making it an excellent lineup this year."

The conference, which will be held in The Woodlands, Texas, May 25, examines latest efforts to monetize coal reserves too deep to mine by gasifying the reserves in situ. The UCG gas, which is a combination hydrogen and carbon monoxide, is then pumped to the surface to generate electricity or produce transportation fuels. Westmoreland Coal Company is hosting a tour of its 35,000-acre mine for Zeus delegates on May 24.

Brisbane, Australia-based Linc Energy is pursuing UCG developments in several countries: In Australia, it operates a pilot project to prove the effectiveness of combining UCG with syngas-to-liquids processes.

The company has acquired multiple coal licenses in South Australia and has entered into contracts to develop Vietnam's first UCG project. It also has acquired some 296,000 acres of coal-lease holdings in Alaska, Montana, Wyoming and North Dakota to pursue UCG development in North America.

Likewise, Sydney, Australia-based Clean Global Energy (CGE) is pursuing UCG development in three continents. The company has entered into agreements with China's AuSino Energy for the development of an estimated US$400 million UCG project in Xilinhot, Inner Mongolia.

In North America, CGE has acquired properties in Oklahoma for the supply of syngas to a local power station. Work on the project is expected to commence in 2011. CGE also has identified sites in Queensland and Victoria to commercialize coal reserves, recently entering a joint venture with two Indian firms for projects in India.

For more information on the program or to register online, access or contact Jamie Machala, conference manager, (713-333-5785,

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