Real Estate Related / Renting/Leasing; Environmental Rltd / Mining Non Metalic
Coal Gasification Lease Position. This is an opportunity to purchase 28,851 acres (more or less) of State of Wyoming coal leases that allow either underground gasification or traditional mining of low sulfur coal. A lease position allows the owner of the position to produce the individual sections through UCG technology, leverage the purchase of mineable blocks of coal into units, buy and re-sell to a major producer or to participate as a partner with another developer or mining company. This position covers the last and most commercially feasible Underground Coal Gasification area in North America. Price $1,500,000 USD plus 3% Overriding production Royalty to Seller. The State of Wyoming has an 8% production ORR.