04/05/2012 - Linc Energy - Jet A1 Dash PDF
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In November 2011 Linc Energy secured a significant coal exploration concession “Polanka-Wielkie Drogi” (PWD) in Poland in the south eastern part of the Upper Silesia Coal Basin. The coal covers an acreage of 215 square kilometres where Linc Energy plans to commence exploration activities in 2012.
This coal lease in Poland also provides Linc Energy with a platform into mainland Europe, with plans to drill and complete pre-feasibility on UCG within 2012.
The recent announcement of Linc Energy acquiring an exploration concession over circa 1.2 billion tonnes of coal in Poland, together with the current joint venture with the UK's largest supplier of coal demonstrate two models for potential investment into the European UCG market.