Carbon Energy Limited has taken another step in advancing its strategy to license the company's UCG technology globally, signing a Memorandum of Understanding with the Delmo Group to provide its keyseam technology and related services for a commercial scale underground coal gasification project in Argentina. Carbon Energy will earn $10 million technology licence fee with $7.5 million paid on completion of the Bankable Feasibility Study and $2.5 million on successful ignition of the initial Process Characterisation Panel. The company will also receive technology services fees and ongoing royalty once first revenue is generated from the project.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
- AUD | -.--% | -.--% | -.--% |
2018 | Carbon Energy Limited Announces Consolidated Earnings Results for the Year Ended June 30, 2018 | CI |
2018 | Carbon Energy Limited Auditor Raises 'Going Concern' Doubt | CI |
1st Jan change | Capi. | |
---|---|---|
+37.01% | 111B | |
-6.28% | 38.76B | |
+32.26% | 37.13B | |
+22.59% | 34.68B | |
+29.38% | 22.48B | |
+26.20% | 20.59B | |
+5.93% | 9.75B | |
+13.26% | 8.84B | |
+14.49% | 7.25B |
- Stock Market
- Equities
- CNX Stock
- News Carbon Energy Limited
- Carbon Energy Signs Technology Licensing MOU for Commercial Scale UCG Project in Argentina