Linc Energy  Linc Energy was an Australian energy company specialized on a coal-based synthetic fuel production as also on a conventional oil and gas production. It was engaged in development and commercialization of proprietary underground coal gasification technology. Produced gas was used for production of synthetic fuel through gas-to-liquid technology, and has been planned also to be used for power generation. The company had its headquarters in Brisbane, Queensland. 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. Linc Energy was incorporated on 29 October 1996 as Linc Energy N.L. On 17 November 2000, it changed its name to Linc Energy Ltd. It listed on the Australian Securities Exchange (ASX) on 10 May 2006 and on the OTCQX in New York in December 2007. On 19 December 2013, Linc Energy delisted from the ASX and listed on the Mainboard of the Singapore Exchange. Linc started its Chinchilla Demonstration Facility in July 1999. First gas was produced in that very same year. Initially Linc Energy used the underground coal gasification technology worked out by Ergo Exergy Technologies, Inc, of Canada. However, in 2006 the cooperation with Ergo Exergy was terminated and the cooperation agreement for technology usage, consultation and engineering services was signed with the Skochinsky Institute of Mining and the Scientific-Technical Mining Association of Russia. In 2005, Linc signed a memorandum with Syntroleum granting a licence to use the Syntroleum's proprietary gas-to-liquid technology and started to build a GTL pilot plant in November 2007 at the Chinchilla facility. The plant was commissioned in August 2008. The first synthetic crude was produced in October 2008. In November 2007, Linc Energy, in cooperation with BioCleanCoal Pty Ltd, established a joint venture to develop a prototype bioreactor for converting carbon dioxide through a photosynthesis into oxygen and solid biomass. On 20 December 2007, Linc Energy acquired a 60% stake and later increased it to 91.6% in Uzbekistan's underground coal gasification company SPC Yerostigaz. On 15 October 2008, a South Australian oil and gas company SAPEX Limited was merged with Linc Energy. This acquisition provided Linc Energy with tenements in the Arckaringa, St Vincent and Walloway basins. In 2009, Linc Energy purchased from GasTech IncNorth American coal tenements in Montana (Powder River Basin), Wyoming, and North Dakota.