NeuRizer Releases November 2026 Corporate Strategy Investor Overview Covering UCG Technology and Reliance Industries Partnership

Mukul

04 November 2026 01:28 PM AEDT

NeuRizer Releases November 2026 Corporate Strategy Investor Overview Covering UCG Technology and Reliance Industries Partnership

Image Source: Krish Capital Pty Ltd

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NeuRizer (ASX:NRZ), an Australian public company focused on the development of Underground Coal Gasification (UCG) and commercial use of syngas, has released its November 2026 Corporate Strategy Investor Overview, disclosing details of its technology platform, certified gas reserves, South Australian regulatory approvals, and a commercial partnership with Reliance Industries in India.

Key Points

NeuRizer discloses more than A$150 million invested in commercial-quality syngas production at rates exceeding 1 MMcfd
The company holds independently certified 1,153 PJ 2P gas reserves under PRMS standards, based on third-party technical work
Technology licence, equipment sale and technical-services agreements have been executed with Reliance Industries in India
Extensive South Australian regulatory approvals and petroleum licence experience have been obtained, with duplication potential noted
PRMS resources estimates are based on work by Timothy Hower of MHA Petroleum Consulting, Denver USA, now part of Sproule International Limited

UCG Technology Platform and Investment

According to the filing, NeuRizer describes itself as an Australian public company focused on the development of Underground Coal Gasification and the commercial use of syngas, with operations and related projects across multiple sectors. The company states it has invested more than A$150 million in commercial-quality syngas production at rates exceeding 1 MMcfd, referencing a prior filing dated 19 February 2019. The company said its UCG technology converts suitable coal underground into synthesis gas, which can be used to produce urea, electricity, hydrogen and related products. The company's value-add activities include proprietary technology, operating know-how, site screening, well-field design, technology transfer and technical services.

Independently Certified 1,153 PJ Gas Reserves

The filing discloses that NeuRizer holds 1,153 PJ in 2P gas reserves independently certified under the Petroleum Resources Management System (PRMS), supported by third-party technical work, with duplication potential noted. The PRMS resources estimates are stated to be based on information and supporting documentation prepared by Timothy Hower of MHA Petroleum Consulting, Denver USA, now part of Sproule International Limited. Mr. Hower is a member of the Society of Petroleum Engineers. The company stated it is not aware of any new information or data that materially affects this information, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed as reported to the ASX on 27 March 2019.

Commercial Agreements with Reliance Industries in India

The filing states that commercial deployment is underway, with technology licence, equipment sale and technical-services agreements executed with Reliance Industries in India, noting Indian government support for UCG. The filing references a prior company disclosure dated 13 March 2026 in relation to this partnership. The company also disclosed that it holds extensive South Australian regulatory approvals, with ongoing environmental monitoring and petroleum licence experience described as having duplication potential. The Mineral Resource compliance statement notes that the Geological Model and JORC Resource Estimation report was prepared by Warwick Smyth and Lynne Banwell of GeoConsult Pty Ltd during March 2019.

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