Australian (ASX) Stock Market Forum

LNC - Linc Energy

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luckypaul said:
1)
Why doesn't anyone do GTL on that


2. My second concern is with the EOR using Co2. There is a good article on Fracking here
Click to expand...

1] Yes they are Sasol i think are doing it with shale gas, which i think needs fracing. UCG does not.

http://www.southafricafocus.com/201...an-shale-gas-turn-it-into-diesel-forbes-blog/

2]
I think fracture stimulation and C02 EOR are different processes.

http://fossil.energy.gov/programs/reserves/npr/CO2_EOR_Fact_Sheet.pdf


http://www.youtube.com/watch?v=lV94W5PFXs8&feature=BFp&list=FLwG6QQXVTx7U&index=4



http://www.youtube.com/watch?v=NMBhX1IxajU



Coil tubing
http://www.youtube.com/watch?v=FRRd2UoxKHo

http://www.youtube.com/watch?v=WqRKZtCOyzw
 
Last edited by a moderator:
Jonathan111 said:
1] Yes they are Sasol i think are doing it with shale gas, which i think needs fracing. UCG does not.

http://www.southafricafocus.com/201...an-shale-gas-turn-it-into-diesel-forbes-blog/

2]
I think fracture stimulation and C02 EOR are different processes.

http://fossil.energy.gov/programs/reserves/npr/CO2_EOR_Fact_Sheet.pdf


http://www.youtube.com/watch?v=lV94W5PFXs8&feature=BFp&list=FLwG6QQXVTx7U&index=4



http://www.youtube.com/watch?v=NMBhX1IxajU



Coil tubing
http://www.youtube.com/watch?v=FRRd2UoxKHo

http://www.youtube.com/watch?v=WqRKZtCOyzw
Click to expand...


Some enlightening links there Jonathon. Thank you.
Another opportunity to buy in today in the low 2.80's.
I'm still eagerly awaiting the next coal tenement sale to boost the sp.

LNC share holder.
 
Last edited by a moderator:
Catalyst
8:00pm - 8:32pm
Classified:GGenre:Science and Technology
A special edition high on energy. Is the oil crunch imminent? Plus, endless energy from hot rocks, oil from algae, energy-saving houses, and could Australia go nuclear?


8.00PM Tonight ABC
Sounds interesting and worth a look. Sounds like a crunch where Linc could be part of the solution and stand to capatalise greatly from.
 
teabagger said:
Ah well , it wasn't exactly Linc energy saves the world with PB in a supersuit and undies on the outside but it did bring home the point I guess that as oil become more scarce and therefore expensive the alternatives become more viable.

While digging around the Catalyst site I found the following. Just more interesting stuff.

http://www.abc.net.au/science/articles/2009/10/06/2706201.htm
Click to expand...

Yes, an interesting piece teabagger. Especially the concerns about the implications of "drawing in water, and heating the bedrock over burden".
Hopefully a better day for Lincs sp later today.
LNC holder.
 
Interesting article today about Adani buying Abbott Point Coal Terminal from Qld Govt.

"India's Adani Enterprises has agreed to buy the Abbot Point Coal Terminal in Queensland in a deal valued at around $1.85 billion and expected to be announced later on Tuesday, sources said.

Adani, which was competing with a last-minute offer for the asset by mining tycoon Nathan Tinkler, had won the bidding, two sources familiar with the deal told Reuters.

The state government, which is selling the terminal as part of a $15 billion infrastructure privatisation programme, was expected to announce the winner later on Tuesday, three sources said.

Adani or Tinkler were not immediately available for comment."

http://www.businessspectator.com.au...-Indias-Adani-fron-GH2SH?OpenDocument&src=hp4

The map in the reference below shows the Galilee tenement sold to Adani by LNC in relation to the Qld coast. Abbot Point is just north of Bowen and about 200KM south of Townsville.
http://www.lincenergy.com/data/media_news_articles/presentation-09-11-24.pdf

This is the closest port to the Galilee tenement and augers well for Adani to realise its plan to commence shipping coal from Galilee in 2014.

In turn, this augers well for LNC to commence earning its royalty stream as planned.
Alternatively, as LNC has speculated previously, it could sell this asset prior to 2014 at a time when Adani's plans to ship the coal are well advanced, and realise around $1 Billion.

LNC holder
 
LNC released a statement on the Alaskan drill.

Unfortunately the LEA1 well did not have commercial quantities of gas. Drat!! As usual there was lots of underground coal and there will be plenty more drilling to find gas and coal.

The statement went to great pains to point out how much value LNC obtained from the drill. Just a little awkard that this was effectively a duster. :(

http://newsstore.fairfax.com.au/app...te.ac?code=lnc&get_prices=Get+prices+&+charts
 
Some real movement in LNC today. It's jumped 15c ! Nice to see some decent green at last.
Perhaps, perhaps... we are getting close to some announcements ? :)
________________________________________________

Well perhaps it was just an ambitious buyer who was then brought back to reality..
 
basilio said:
Some real movement in LNC today. It's jumped 15c ! Nice to see some decent green at last.
Perhaps, perhaps... we are getting close to some announcements ? :)
________________________________________________

Well perhaps it was just an ambitious buyer who was then brought back to reality..
Click to expand...

Yeah bas, nice to see the sp finally edging up towards the $3 level, a resistance level which needs to be broken and on increasing volume before I get too optimistic. But heh, lets be optimistic, there was some decent volumes going through right up to the close of trade today.
Bit of a nice coincidence as I was only joking with my wife today on seeing that the courier had dropped a parcel at my front gate today when I got home. I jokingly said it might be my Diesel Dash commerative hat and t-shirt from the Linc team, and she laughed and I said don't be so negative, it might be a sign of better times ahead for linc. Heres hoping, anyway it was my Linc Diesel Dash stuff, so I will wear my shirt with pride on Friday to give the company some PR. GLTA holders.

Skivvy:)
 
skivvy said:
Yeah bas, nice to see the sp finally edging up towards the $3 level, a resistance level which needs to be broken and on increasing volume before I get too optimistic. But heh, lets be optimistic, there was some decent volumes going through right up to the close of trade today.
Bit of a nice coincidence as I was only joking with my wife today on seeing that the courier had dropped a parcel at my front gate today when I got home. I jokingly said it might be my Diesel Dash commerative hat and t-shirt from the Linc team, and she laughed and I said don't be so negative, it might be a sign of better times ahead for linc. Heres hoping, anyway it was my Linc Diesel Dash stuff, so I will wear my shirt with pride on Friday to give the company some PR. GLTA holders.

Skivvy:)
Click to expand...
Guess your not a Cougar energy employee then Skivvy :headshake
As you say, good to see the sp heading north again, for no obvious reason.
Sitting here with everything crossed, waiting for the next tenement sale etc.

LNC holder.
 
Quite a significant announcement in UK on legally binding CO2 reduction targets.

Historic climate change deal with legal powers agreed by Cabinet

Chris Huhne will announce a long-term programme that will put Britain at the forefront of the battle against climate change

Saturday 14 May 2011 21.37 BST


Cabinet ministers have agreed a far-reaching, legally binding "green deal" that will commit the UK to two decades of drastic cuts in carbon emissions. The package will require sweeping changes to domestic life, transport and business and will place Britain at the forefront of the global battle against climate change.

The new budget puts the government on target to meet a reduction by 2050 of 80% of carbon emissions compared with 1990 levels. The committee has said that to reach this carbon emissions should be cut by 60% by 2030.

Ministers believe that major companies involved in developing offshore wind technology – such as Siemens, Vestas and General Electric – will now be keener to invest in Britain, knowing it is committed to a huge expansion in renewable energy. It is also hoped that the commitment to renewable energy – the committee says 40% of the UK's power should come from wind, wave and tide sources by 2030 – will stimulate new industries.

These would include the development of tidal power plants, wave generators and carbon capture and storage technology – which would extract carbon dioxide from coal and oil plants and pump it into underground chambers. All three technologies, if developed in Britain, could be major currency earners.
Click to expand...

http://www.guardian.co.uk/environment/2011/may/14/historic-climate-change-deal-agreed-chris-huhne

This could be quite significant for LNC if it gets cracking with the hydrogen fuel cell power generator coupled with UCG. They already have 10% of AFC (Alkaline Fuel cell) and I reckon if AFC start to prove the fuel cell technology there will be an early implementation of the first UCG/ fuel cell power stations which would give LNC the opportunity to develop similar power stations around the world.

It would be great to see an effective commercial AFC fuel cell in operation within the next couple of months.

____________________________________________________________________________

There is an analysis of the AFC fuel cell which also discusses LNC's role in commercialization of product utilising LNC's UCG technology. Long read but worth a look. Note it was written in March 2010

I think this also highlights the potential value of the AFC shares in UK.

http://www.stockopedia.co.uk/conten...ial-adoption-of-fuel-cell-technologies-40581/
 
If any of you Linc holders out there are wishing they could have bought Linc back in the early days when the stock had yet to reach A$1.00 for the first time here is a 'young' Linc that may be worth putting some cash on and forgetting about for 5 years or so.

Altona Energy (ANR) listed on the UK Aim market is interested in the same location as Linc in South Australia with similar plans but lacking Linc's experience and professionalism (so far). It does however have a partnership with CNOOC so already in with the big boys. Anyway read the article and decide whether to take a punt or not. http://www.oilbarrel.com/nc/news/display_news/article/altona-energy-is-intent-on-expanding-the-scope-of-the-huge-arckaringa-coal-project-in-south-australi-1/860.html Today trading at 10.5p on low volume. I am currently not invested in this stock but it is in my 'long shot' buy list when the next ugly market correction occurs - which can't be too far away now. :eek:
 
Bit of a rocket up LNC today . Big volumes and a 20c rise. Maybe time for an announcement regard the next coal sale ?:)
 
Risk Chaser said:
what does the buyers know that we dont?
I'm almost temtped to sell at $3 and buy back on future weakness
Click to expand...

SINGAPORE (Dow Jones)--Linc Energy Ltd. (LNC.AU), an Australian clean-fuel company, has received a firm offer from a Hong Kong-based company for its Teresa coal asset in Queensland state, and is waiting for three other companies to submit bids before it announces a sale, a company executive said Thursday.

"We have a firm offer on the table," said Justyn Peters, Linc Energy's general manager for government and business development. "But we will not announce the sale until it is unconditional."

The company expects to announce the sale, for at least A$500 million, in the next one or two months, Peters said. Linc Energy is still waiting for one Australian and two Indian companies to complete their due diligence. Linc believes the Teresa coal mine can produce 5.5 million metric tons a year.

Brian
 
brty said:
Brian,

You probably should add the source of those comments. It's from here...

http://www.morningstar.co.uk/uk/markets/newsfeeditem.aspx?id=142552112196902

As a recent purchaser of this stock, that is nice news. I'm a little surprised that no announcement has been made to the ASX, and would not be surprised if the company received a speeding ticket.

brty
Click to expand...

Thanks Brian and Brty for this information. The fact that there are 4 potential buyers for Teresa augers well for a good sale price, and hopefully by end of June.

The other very interesting news is -

" In the U.S., Linc Energy has four mergers-and-aquisitions teams looking at potential acquisitions of energy resources in Wyoming, Alaska, Texas, Illinois and North and South Dakota. The company is in the middle of completing due diligence on a "few" acquisitions, he said.

"There are no shortage of projects," Peters said."

My intrepretation of this is that the potential acquistions will be depleted oil fields which LNC will greatly increase production with EOR using CO2 from their own UCG operations.This is in line with their plans outlined at the last AGM.

S/P finished at $3.08 - up 22c

LNC holder
 
brty said:
Brian,

You probably should add the source of those comments. It's from here...

http://www.morningstar.co.uk/uk/markets/newsfeeditem.aspx?id=142552112196902

As a recent purchaser of this stock, that is nice news. I'm a little surprised that no announcement has been made to the ASX, and would not be surprised if the company received a speeding ticket.

brty
Click to expand...

Thanks for the link brty.
Great to see some progress.
No doubt trading volume will explode in the next few sessions, allowing for some nice day trading.

LNC holder.
 
Looking at my chart I would say that the struggle with the $3 area is coming to an end. We have some resistance @ 3.12 then 3.25 and 3.34 (according to my methodology!) Then we have clear sky up to the 4.10 area where we should see head winds up to strong resistance at the 4.56 line. My guess is that will cap this years upside. Nice move yesterday, looking for some follow through soon! :D

My :2twocents on LNC!
 

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