Cougar Energy

Cougar Energy
Type Publicly-listed company (ASX: CXY)
Industry coal
Founded 1994 (1994)
Headquarters Melbourne, Australia
Key people Leonard Keith Walker (CEO)
Products electric power
Subsidiaries Cougar Energy (UK) Ltd
Cougar Energy UCG Pty Ltd
Cougar Energy Pakistan (Private) Limited
Cougar Direct Invest China Limited
Website www.cougarenergy.com.au

Cougar Energy Limited (former name: Pinnacle VRB Limited) is an Australian energy company specialized on underground coal gasification and electric power production by produced syngas. In addition to Australia, the company plans underground coal gasification projects in the United Kingdom, India, Pakistan, China, and Mongolia.[1]

Contents

Operations

Cougar Energy has a licence agreement with Ergo Exergy Technologies for utilization of the underground coal gasification technology developed by Ergo Exergy. The main underground coal gasification pilot project developed by Cougar Energy is located near Kingaroy, Queensland. The first syngas at Kingaroy pilot plant was produced on 16 March 2010.[2][3] When starting commercial scale production, the company plans to use produced gas at the proposed 400 MW Kingaroy Power Plant.[4] Other projects include the underground coal gasification plants at Wandoan, Queensland (the Surat Basin), and Latrobe Valley, Victoria, in Australia and at the Thar Coal Field in Pakistan. Cougar Energy has also signed memorandums of understanding with Essar Oil and Exploration for cooperation in India and with Inner Mongolia Qi De Investment Co. Ltd. for cooperation in China.[5]

Incidents

On 16 July 2010, the Kingaroy pilot plant was temporary shut down after traces of benzene and toluene were detected in groundwater monitoring bores.[6][7] However, the level of hydrocarbons in the water was 95% lower than Australian drinking water guidelines.[8]

See also

References

  1. ^ "Cougar Energy Signs MoU for UCG Projects in China and Mongolia". OilVoice. 2009-12-14. http://www.oilvoice.com/n/Cougar_Energy_Signs_MoU_for_UCG_Projects_in_China_and_Mongolia/9d19ee06b.aspx. Retrieved 2010-07-31. 
  2. ^ "Cougar Energy Update on UCG Pilot Project at Kingaroy in Queensland". OilVoice. 2010-04-27. http://www.oilvoice.com/n/Cougar_Energy_Update_on_UCG_Pilot_Project_at_Kingaroy_in_Queensland/e3e3d8b78.aspx. Retrieved 2010-07-31. 
  3. ^ "Cougar To Ramp Up UCG Process Down Under". Cougar Energy (Downstream Today). 2010-03-16. http://www.downstreamtoday.com/news/article.aspx?a_id=21673. Retrieved 2010-07-31. 
  4. ^ "Cougar set to raise cash for coal vision". Upstream Online (NHST Media Group). 2008-06-10. (subscription required). http://www.upstreamonline.com/live/article156754.ece. Retrieved 2010-07-31. 
  5. ^ "China UCG Joint Venture Announces First Project" (PDF) (Press release). Cougar Energy. 2010-05-31. http://www.cougarenergy.com.au/pdf/ASX_Announcement_China_LOI_31_May_2010.pdf. Retrieved 2010-07-31. 
  6. ^ Lewis, Josh (2010-07-16). "Ground water carcinogens shut down Cougar". Upstream Online (NHST Media Group). (subscription required). http://www.upstreamonline.com/live/article222165.ece. Retrieved 2010-07-31. 
  7. ^ Lewis, Josh (2010-07-19). "Test results positive for Cougar". Upstream Online (NHST Media Group). (subscription required). http://www.upstreamonline.com/live/article222375.ece. Retrieved 2010-07-31. 
  8. ^ "Cougar suspends trading". Upstream Online (NHST Media Group). 2010-07-20. (subscription required). http://www.upstreamonline.com/live/article222485.ece. Retrieved 2010-07-31. 

External links