Eneabba Gas (ASX:ENB) is searching for Chinese opportunities for its Sargon underground coal gasification project in Mid West region of Western Australia as it continues to make progress on its development.
Directors of the company have recently been to China to investigate options including a possible joint involvement in the project that will combine Chinese UCG industry experience with its knowledge of the Sargon area.
This will serve to fast track development of Sargon into a world class UCG project.
This comes as strategic partnerships are being formed between Australian energy and UCG companies and Chinese companies.
Eneabba is now planning to drill a baseline water monitoring well on Sargon in September.
This will allow RPS Aquaterra collect the initial baseline water data as well as conduct a second suite of permeability testing of the nominated aquifers.
Directors of the company have recently been to China to investigate options including a possible joint involvement in the project that will combine Chinese UCG industry experience with its knowledge of the Sargon area.
This will serve to fast track development of Sargon into a world class UCG project.
This comes as strategic partnerships are being formed between Australian energy and UCG companies and Chinese companies.
Eneabba is now planning to drill a baseline water monitoring well on Sargon in September.
This will allow RPS Aquaterra collect the initial baseline water data as well as conduct a second suite of permeability testing of the nominated aquifers.
Proactive Investors
No comments:
Post a Comment