The coal is of a sub-bituminous quality, covering an acreage of 216 square km.
Linc Energy CEO Peter Bond said this coal concession is a key asset in providing the company’s platform into mainland Europe and the company will be looking to drill and complete a pre-feasibility on underground coal gasification over the coming months.
The company expects to start the exploration activities in early 2012 and the coal deposits are estimated to be in the order of 1.2 billion tonnes.
Linc Energy is in the process of setting up a project office in Krakow to support the exploration programme in Poland.
Linc Energy is a globally focused, diversified energy company with a strong portfolio of coal, oil and gas deposits.
