Underground Coal Gasification - Gas To Liquids (UCG-GTL)
UCG-GTL is the "revolutionary" successful combination of two known processes, Underground Coal Gasification (UCG) and the conversion of the resultant Gas (Syngas) To Liquids (GTL).
The Game Changer is the recent successful combination of the two processes by an Australian company with one ton of coal producing between 1.5 - 2 barrels of oil equivalent at ~ $30 per barrel.
The Opportunity is that Australia, along with many other countries, has vast resources of "stranded" or "low" quality coal, historically regarded as useless, that have now become a valuable, future, source of liquid hydrocarbons.
The investment opportunities are just now beginning to be understood..... Consider the small by market cap (~AUD$130m) Australian oil and gas exploration company that has around a ~trillion tons of deep coal that is ideal for UGC-GTL with a train line to a port running through the middle of its leases situated in one of Australia's most arid and uninhabited regions....And how bright is the future for the company, that made the underground coal gasification - gas to liquids breakthrough, who have almost 1 billion tons (JORC) of coal in Queensland and several billion more in South Australia and is now taking its' expertise to China, India, America and Vietnam....
The roll out of UCG-GTL will see Australia become a net oil exporter and a dominant, long term, supplier of ultra clean, relatively cheap, liquid fuels to Asia and pleasingly many of our Federal Government's senior ministers "get it".
www.UCG-GTL.com is a privately owned website dedicated to exploring underground coal gasification and the conversion of the resultant gas to liquid fuels. We believe that the UCG-GTL process will allow Australia to become liquid fuel independent and as such will greatly contribute to Australian household's wealth and reduced living costs. UCG-GTL is an important component of Intaanetto.com's Alternative Energy stable of websites.