Linc Energy
Linc Energy was an Australian energy company that specialised in coal-based synthetic fuel production, as well as conventional oil and gas production. It was engaged in development and commercialisation of proprietary underground coal gasification technology. Produced gas was used for production of synthetic fuel through gas-to-liquid technology, and was also used for power generation. The company had its headquarters in Brisbane, Queensland.
| Company type | Publicly listed company |
|---|---|
| ASX: LNC | |
| Industry | Oil and gas Coal |
| Founded | October 29, 1996 |
| Headquarters | , |
Key people | Peter Bond (Executive Chairman) Craig Ricato (CEO) |
| Products | synthetic gas synthetic fuel electric power |
| Revenue | A$124,370,000 A$124,370,000 (2013) |
| A$64,989,000(2013) | |
| Total assets | A$1,068,491 (2013) |
| Total equity | A$444,847,000 (2013) |
| Owner | Peter Bond (Newtron Pty Limited) Genting Strategic Investments (Singapore) Pte Ltd minor shareholders |
Number of employees | 360 |
| Subsidiaries | SPC Yerostigaz SAPEX Limited New Emerald Coal |
| Website | lincenergy |
In April 2016 the company was placed into voluntary administration. At the second creditors meeting in May 2016 the unanimous vote was for the company to be liquidated.
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