Emerging Western Australian nickel company St George Mining is pleased to announce it has successfully raised $4.0 million from institutional and sophisticated investors via a placement at an issue
Shares in Eneabba Gas were higher after the energy outfit today entered a joint venture deal with Melbourne-based Cougar Energy for the development of its Mid West coal resources into an underground coal gasification project.
Shares in Eneabba Gas have slumped after it canned its agreement with Carbon Energy to provide a syngas supply for the planned Centauri 1 power station.
Synergy's recent decision to award energy supply contracts to Verve Energy has only strengthened Eneabba Gas' position to provide power in the Mid West region, the company claims.
Eneabba Gas claims there is as much gas in one of its Mid West tenements as set aside by the Gorgon gas project partners for the domestic market, as it releases a maiden resource for one tenement.
Coal companies in Western Australia are reporting upbeat results for testing of their deposits for gasification, a process which better uses the energy within the fossil fuel.
Wester Power has approved an access application by Eneabba Gas Ltd subsidiary, Eneabba Energy Pty Ltd, to connect to some 170 MW of power from the SWIS network for its Centauri 1 power station site near Dongara.
West Perth-based Eneabba Gas Ltd has announced plans to raise $1.5 million through a placement, allowing the company to conclude agreements with energy offtakers and commence drilling at its Yarra Yarra uranium, potassium & thorium exploration tenement.
Eneabba Gas Ltd and Verve Energy have jointly announced today the memorandum of understanding between the two companies to give Verve access until December 2007, to the first tranche of gas supply purchased by EGL from NWSG.
Western Australia's Economic Regulation Authority has approved a nearly 20 per cent cut in “reserve capacity” prices for the state's electricity generators, including aspiring producer Eneabba Gas.
