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Linc Energy Acquires Wyoming Coal Assets for Underground Gasification and Gas-to-Liquids

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Australia-based Linc Energy Limited has signed a purchase agreement to acquire a 100% interest in 92,059 acres of coal tenement lease areas in the Powder River Basin in Wyoming USA from GasTech Inc, a company based in Casper Wyoming. Linc Energy has agreed to pay US$5 million for the purchase of the GasTech coal tenements.

Wyoming 150
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EPA draft findings of Pavillion, Wyoming ground water investigation indicate water contamination likely associated with fracking; open for public comment and independent scientific review

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The US Environmental Protection Agency (EPA) released a draft analysis of data from its Pavillion, Wyoming ground water investigation, indicating that ground water in the aquifer contains compounds likely associated with gas production practices, including hydraulic fracturing. Click to enlarge.

Wyoming 239
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USGS’ first assessment of shale gas resources in the Utica Shale: 38 trillion cubic feet

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The Utica Shale contains about 38 trillion cubic feet (TCF) of undiscovered, technically recoverable natural gas (at the mean estimate) according to the first assessment of this continuous (unconventional) natural gas accumulation by the US Geological Survey (USGS). The estimate of undiscovered oil ranges from 590 million barrels to 1.39

Gas 244
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DOE awards $24.9M to 6 projects to advance hydrogen technologies for electricity generation

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This includes improving capture of CO 2 associated with hydrogen production from carbon-based resources and technologies to use hydrogen in gas turbines more efficiently for electricity generation. The US Department of Energy (DOE) will award $24.9 DOE Funding: $1,412,863; Non-DOE Funding: $390,000; Total Value: $1,802,863.

Hydrogen 210
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Study finds rising temperatures increase risk of unhealthy ozone levels absent sharp cuts in precursors

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The study shows that Americans face the risk of a 70% increase in unhealthy summertime ozone levels by 2050, assuming continued greenhouse gas emissions with resultant significant warming (IPCC Scenario A2 and RCP (Representative Concentration Pathway) 8.5.). Both scenarios assumed continued greenhouse gas emissions with significant warming.

Ozone 199
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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Authored by David Gardiner and Associates, the Ceres-commissioned report recommends that investors closely scrutinize their portfolios for exposure to these projects and press companies leading the ventures to provide better disclosure on wide-ranging risks and steps for managing such risks.

Coal 210
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DOE awards $34M to 19 projects to advance clean hydrogen

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The fixed bed chemical looping system has been designed to operate in three reaction modes that can occur simultaneously for continuous hydrogen production: natural gas utilization through the reduction of MMOC, steam oxidation and air regeneration.

Hydrogen 150