Hi all,Compliments of Eddie from another site, published in the...

Hi all,
Compliments of Eddie from another site, published in the Wall Street Journal (and especially for Verge and Longrunsthefox) !!! -

press release

March 26, 2012, 1:00 p.m. EDT

Synthesis Energy Systems and Coalworks Extend Strategic Alliance
SES Will Study Potential Cost Savings Using High Pressure U-GAS® Gasifiers for Coalworks' Currently Planned Coal to Liquids Plant in New South Wales


HOUSTON, March 26, 2012 /PRNewswire via COMTEX/ -- Synthesis Energy Systems, Inc. /quotes/zigman/96878/quotes/nls/symx SYMX +4.73% ("SES") announced today that it is undertaking a study for its strategic partner, Coalworks Limited (asx:CWK), to determine the potential for additional cost savings resulting from the use of high pressure U-GAS® gasifiers at Coalworks' planned coal-to-liquids plant in Oaklands, New South Wales, Australia. The agreement follows on the companies' 2009 strategic alliance for development of the Oaklands facility.

"We are pleased to conduct this important additional study for Coalworks as part of our ongoing strategic alliance to develop their first coal gasification and liquefaction plant at Oaklands," stated Robert Rigdon, President and CEO of SES. "Our U-GAS® gasifiers have the potential at high pressure to further reduce costs and improve margins for the facility by increasing the throughput of our gasifiers and by better matching the needs of plant sections following gasification. We look forward to completing this study in the near term and continuing to support Coalworks in their project development."