Their first hole went down to over 6,000 feet and discovered both natural gas and many coal seams. Linc Energy is a leader in technology to make gas out of underground coal so that the coal is left in place and only the gas is pumped to the surface.
Can you imagine the upside of this technology to Alaska which is the Saudi Arabia of coal?
Linc Energy, an Australian company, is making Alaska a major part of their future with a goal to become a player in energy production in the US.
Read more:
New Gas Well In Matsu
Linc #1 Leads The Way
Linc Energy Acquires More Coal In Alaska