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December 5, 2006 - Ergo Exergy  agrees to co-operate with Cougar Energy (Australia)

Ergo Exergy  agrees to co-operate with Cougar Energy Pty Ltd (Australia) in the development of Underground Coal Gasification projects in several states of Australia using coal resources on tenements controlled by Cougar Energy. Cougar Energy is a 100% owned subsidiary of Pinnacle VRB Limited, a company listed on Australian Stock Exchange. The drilling program on the Kingaroy tenement (Queensland) is starting on December 18, 2006.

November 10, 2006 - Ergo Exergy terminates provision of UCG services to Linc Energy Ltd (Queensland, Australia).

Ergo Exergy formally confirms that provision of its UCG services to Linc Energy Ltd has been terminated on November 03, 2006. This concludes the process of disassociation initiated by Ergo Exergy on September 22, 2006. Ergo Exergy will no longer operate the Chinchilla site or provide its technical expertise to Linc Energy.  Ergo Exergy continues to focus on implementation of our εUCG™ technology in multiple commercial projects that are currently under development in Canada, South Africa, USA, Europe, India, China, New Zealand, Australia and other countries.

September 23, 2006 - Ergo Exergy terminates arrangements to provide εUCG™ technology to Linc Energy Ltd (Queensland, Australia).

Ergo Exergy ends tentative business arrangements for provision of our εUCG™ technology to Linc Energy Ltd (Queensland, Australia) by declining to further extend the arrangements that expired on September 22, 2006. For the time being, Ergo Exergy continues to provide UCG services to Linc Energy on an interim basis.

June 23, 2006 - International Workshop on "Potential for Underground Coal Gasification" held in Houston, TX, USA.

The event, hosted by Zeus Development Corporation of Texas, USA  was very successful. Ergo Exergy delivered a presentation on the history of UCG, the reliability and environmental performance of the εUCG™ technology, summary information on various εUCG™ projects from around the world which we are currently engaged with and on  an integrated approach for CO2 sequestration in the εUCG™ process.  Laurus Energy (Canada), GasTech (USA) and Eskom (South Africa) all delivered presentations on their commercial projects and the current status of project development.  Lawrence Livermore National Laboratory (USA) made a presentation on the advantages which UCG provides over alternative technologies for CO2 capture and sequestration and also on their work on the development of computer models to simulate environmental performance of the UCG process.

The meeting provided new encouragement to all those involved in developing UCG projects together with Ergo Exergy and, in addition, served to alert major coal and oil companies, many of whom were in attendance, that εUCG™ is not only real, feasible and available but that it has now gained critical mass in awareness and acceptance within the energy industry.

May 8, 2006 - Ergo Exergy commences the first stage of the PRB UCG project with Gastech Inc, Casper, WY, USA.

Ergo Exergy has reached an agreement with Gastech Inc, based in Casper, Wyoming, to participate in the first commercial UCG development in the US. Project owner Gastech Inc has access to strategic coal resources in the Powder River Basin. The coal is not recoverable by conventional mining methods. Ergo Exergy is to determine whether the coal can be economically extracted by applying its proprietary εUCG™ technology. The project is targeting production of liquid synthetic fuels and synthetic natural gas.

March 30, 2006 - Lawrence Livermore National Laboratory (Department of Energy, USA) and Ergo Exergy agree on collaboration and research on underground gasification technology.

Lawrence Livermore National Laboratory (LLNL) and Ergo Exergy are to co-operate in conducting research on underground coal gasification technology - specifically in the areas of process simulation and carbon sequestration - with an emphasis on evaluating the environmental performance of a large scale UCG operation.

February 18, 2006 - GAIL (India) Ltd receives the approval of its board for acquiring the license for εUCG technology from Ergo Exergy Technologies, Inc.

Ergo Exergy has been working with GAIL (India), the largest natural gas company in India, on development of an εUCG project in Rajasthan, utilizing a deep lignite deposit in the Barmer area. The parties have agreed on the terms of license to be acquired by GAIL from Ergo Exergy, and the GAIL board of directors has approved the terms and conditions of the license agreement the two parties have negotiated. This opens the path to an accelerated development of the εUCG project in Rajasthan. The project is targeting a 750 MW green-field IGCC plant.

December 06, 2005 - Ergo Exergy begins work with Eskom Holdings Limited on the construction, commissioning and operation of the pilot εUCG plant at Majuba, South Africa.

This project is currently in the final stages of the construction and commissioning of an εUCG pilot plant, which is scheduled to begin gas production in mid-2006. The pilot plant will provide for an initial generating capacity of approximately 6 MWe, which is sufficient to co-fire a single burner at Majuba power station. Pending the success of the pilot program, gas production will be scaled up to eventually provide 30% of the plant's fuel. At that stage, the εUCG facility will produce ca. 100PJ per annum to generate approximately 1,200 MWe of electricity.

November 14, 2005 - Ergo Exergy co-authors a Testimony at the US Congressional hearing on climate change.

Along with Dr S. Julio Friedmann (Director, Carbon Management Program, Lawrence Livermore National Lab, US DOE), Ergo Exergy co-authors a Testimony at the US Congressional hearing on climate change, held on November 14, 2006 in the US Senate Foreign Relations Committee. The Testimony, titled Underground Coal Gasification in the USA and Abroad considers the current status of UCG technology, and the role it should play in meeting the challenges of global warming and the growing worldwide energy demand.

November 01, 2005 - Ergo Exergy projects and εUCG technology discussed in the MIT Laboratory for Energy and the Environment, Cambridge, MA, USA.

Ergo Exergy projects and εUCG technology are discussed at an environmental seminar at the Laboratory for Energy and the Environment at Massachusetts Institute of Technology, sponsored by the MIT Coal Study. Following a presentation by Ergo Exergy, the technical, environmental and commercial aspects of εUCG technology have been discussed. The participants include Dr S. Julio Friedmann (LLNL), Dr James Katzer (MIT Coal Study) and Dr Howard Herzog (MIT Carbon Sequestration Initiative).


September 15, 2005 - Completion of Site Characterization phase of the Majuba εUCG™ project in South Africa.

South African power generation company Eskom Holdings Limited and Ergo Exergy successfully complete the Site Characterization phase of the Majuba εUCG project. The Site Characterization objectives were to better understand the suitability of the Majuba coal resource - in terms of coal composition and reactivity and the geology, hydrogeology and rock mechanics of the reserve. The Majuba coal deposit, and specifically the selected site, is found to be technically suitable for UCG technology. The coal is proven to be reactive for the UCG process, and the hydrocarbon product composition to be favorable. It is determined that the multiple dolerite intrusions that played a role in closing down the conventional underground mining operations in the area should not pose insurmountable problems for UCG operations.

June 14, 2005 - Ergo Exergy begins work with Solid Energy New Zealand Ltd on the first εUCG project in New Zealand.

Ergo Exergy begins co-operation with Solid Energy Ltd on development of commercial εUCG projects in New Zealand, commencing from a screening and scoping study to analyze coal and lignite deposits in New Zealand for application of εUCG technology. The total of over 14 billion tonnes of New Zealand's coal and lignite is to be considered, along with local infrastructure and markets. This will help to determine market opportunities for applying εUCG in the production of a range of value added products, including electricity and synthetic fuels. The results will enable definition and development of the first commercial εUCG project in New Zealand.

April 07, 2005 - Laurus Energy Inc. completes geological inventory of Canada coal resources suitable for εUCG technology.

Canadian Licensee of εUCG technology Laurus Energy Inc. completes a countrywide geological study of Canada's coal and lignite deposits, determining which of these resources in Canada are suitable for successful application of εUCG technology. The study utilizes proprietary selection criteria provided by Ergo Exergy, and has taken over 12 months to complete. It has been conducted with assistance of two Canadian geology consulting companies, and the results show that the resource base for εUCG in Canada exceeds 2 trillion tonnes - most of this coal being unsuitable for conventional mining. Every Canadian province except for Québec has considerable coal and lignite resources that can be monetized by εUCG technology. Laurus Energy is planning a number of commercial εUCG projects in Canada based on the resources identified in the study.

February 19, 2005 - Ergo Exergy signs a memorandum of cooperation (MOC) with GAIL (India) Ltd, for development of commercial εUCG projects in India.

The companies agree to co-operate in the matter of the development of εUCG projects in India. Ergo Exergy, the owner of the Exergy UCG technology - which enables commercial UCG projects worldwide - will supply the know-how for UCG-based power generation and chemical synthesis. This will include the cleanup, processing and conditioning of UCG gas for value-added applications, such as production of methanol and clean synthetic liquid fuel.

 
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