Carbon Energy Limited is an Australia-based company, which is engaged in the gas business. The Company is engaged in the development of clean energy and chemical feedstock from underground coal gasification syngas. It provides industrial gas users with a source of gas. Its operating projects include the Blue Gum Gas Project, Bloodwood Creek, Inner Mongolia in China, Claromeco Coal Basin in Argentina and Mulpun Project in Chile. The Mulpun project site is located in Mulpun in southern central Chile and has joint ore reserves committee Resources estimate totals over 100 million tons. Its subsidiaries include Carbon Energy (Holdings) Pty Ltd, which is a holding company; Carbon Energy (Operations) Pty Ltd, which facilitates the construction and commission of the Underground Coal Gasification project in Queensland; Carbon Energy (Latin America) Pty Ltd, which operates as a holding company, and Carbon Energy Chile Limiteda, which assess and develops Underground Coal Gasification project.