|
|
Biogenic Methane Enhancement
The Company announced that, through a binding terms sheet, it had acquired rights to biogenic methane enhancement technology that could potentially assist in yielding methane quantities from coal in excess of that produced using conventional coal seam gas techniques. The technology has been shown to perform well on low rank coals of the type found within the Company's substantial exploration acreage in northern NSW and southern Queensland. Red Sky plans to demonstrate the technology in a single well demonstration project.
|
|