The company that had proposed an experimental underground coal gasification project in northeast Wyoming has declared bankruptcy. Linc Energy wanted to use a process that involves igniting deep coal seams to produce syngas, which can then be processed into various liquid fuels or other chemicals.
The company received its permits to test the process in Wyoming in 2014, but didn’t move forward with its plans because of low natural gas prices. Linc Energy is currently facing charges of causing environmental harm at its gasification test site in Australia.
The company is planning to sell its U.S. assets, including its properties in Wyoming.