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Cougar Energy Moves To Resolve Legal Issues

Cougar Energy (ASX:CXY) is in confidential talks with the Queensland government to resolve the pending court proceedings.

A successful outcome will enable it to develop its Kingaroy underground coal gasification project.

Cougar is in confidential "without prejudice" talks with the government to resolve the damages claim at the state Supreme Court and the Queensland Planning & Environment Court.

The previous court timetable in the damages claim is suspended until 29 January 2013.

Cougar is developing a first-ever 400 megawatt power plant using underground coal gasification at Kingaroy.

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