Linc Energy Ltd (ASX Code: LNC) has implemented a range of initiatives to reach its objective of becoming a significant producer of ultra clean diesel and jet fuels. One of Linc Energy’s initial milestones is the expansion of its indicated resources at Chinchilla, Queensland.

Linc Energy is pleased to announce that resource drilling has commenced on its leases at Chinchilla. Mitchell Drilling Contractors have been contracted to drill 20 noncored and 11 cored holes. The drilling program is expected to be completed by mid November 2006. Additional drilling may continue following the completion of the initial drilling. Results of the drilling will be advised to the market once available.

ASX MARKET
Level 7, 10 Eagle St.,
(GPO Box 1315),
Brisbane, QLD 4001
Telephone: (07) 3229 0800
Facsimile: (07) 3229 6800
ABN: 60 076 157 045
ACN: 076 157 045

DRILLING UNDERWAY
11th October 2006
Australia’s leader in clean coal technology www.lincenergy.com.au