NuCoal Energy Corp.(NuCoal) is a private company founded on April 23rd, 2008 by Alan Cruickshank President, CEO, Director; Steve Halabura P. GEO, Managing Director and Tom MacNeill CFA, President of 49 North Resources and advisor to NuCoal. NuCoal applied for coal exploration permits covering 14 regional properties, encompassing approximately 6.5 million acres. NuCoal became the largest coal landholder in the province of Saskatchewan and currently, NuCoal controls large coal bearing tracts in Saskatchewan totaling approximately 1.8 million hectares.
On the basis of historical data produced by the Federal and Provincial governments, over 2 million acres of NuCoal's land contains a lignitic coal resource in excess of 5 billion tonnes. The historical data is based on information from 4,631 drill holes that include digitized logs and summary data, cuttings, core and 3D resource models. These holes were drilled in the 1970's and 1980's as part of the national coal strategy.
NuCoal's main objective is to create a clean, modular Coal to Liquids Polygen plant. The first stage of each plant will involve 10 or more trains of process modules, each train producing 15,000+/- barrels of gasoline per day where each plant will produce not less than 150,000 barrels of gasoline per day. The plants will be designed to use NuCoal's lignite as the main feedstock.
"I think that it is possible for us to create a set of clean energy mechanisms that allow us to use things not just like oilsands, but also coal." U. S. President Barack Obama praised the promise of CCS in an interview with CBC
- 2009-12-07 The NuCoal office will be closed for the holidays from Dec 24th - Jan 1st.
