Syngas is an Australian oil and gas company listed on the Australian stock exchange (ASX: SYS)

Assets

• Coal JORC classified resource: 558Mt.
• Mineral Exploration License (MEL) 3896, 3585, Petroleum Exploration License (PEL) 260.

Projects

1. Clinton Project in South Australia (Refer to ASX announcement 7 April 2009 for details). 

• Utlilising 285 Mt of JORC classified resource.
• Average 5.4 Mt p.a of coal feed to plant.
• Non-food biomass (residual straw) comprising 10% of feed.
  
• 1.14 tonnes yields 1 barrel of oil equivalent. 
  • 170 million barrels product over PFS base case of 33 years life.

      2.  Future projects: Information pending

      3.  In March 2009 Syngas relinquished its rights held in Gulf of Mexico prospects.

Finances

• A$2.24 million cash in bank at 31st March 2009.