Microsoft Word - CNX QRC Award - Media Release 091214 FINAL Media Release

09 December 2014

Level 9, 301 Coronation Drive, Milton QLD 4064 Australia

PO Box 2118, Toowong DC QLD 4066 Australia

phone + 61 (0) 7 3156 7777

fax + 61 (0) 7 3156 7776 www.carbonenergy.com.au

Carbon Energy Limited

ABN 56 057 552 137

Carbon Energy (Operations) Pty Ltd

ABN 61 105 176 967

Carbon Energy Chairman Recognised for Contribution to Resources Sector Carbon Energy (ASX: CNX, OTCQX: CNXAY) is proud to announce that Company Chairman Dr Chris Rawlings has been recognised for his outstanding service to the resources sector.

Dr Rawlings was presented with the prestigious Queensland Resources Council Medal by Premier Campbell Newman and the QRC President Rob Neale at the Council's annual lunch on 28 November 2014.

The Council noted Dr Rawlings particular contribution to the development of new production methods, improved productivity and improved safety measures.

"Dr Rawlings has made an outstanding contribution to the Australian resources sector. Over his 35-year career he has led a number of initiatives that have added significant value to the local economy and helped develop new industries. We are very grateful to Dr Rawlings for his service to Carbon Energy and congratulate him on this achievement," said Carbon Energy CEO and Managing Director Mr Morné Engelbrecht.

Dr Rawlings has been the Chairman of Carbon Energy since July 2011. Dr Rawlings' acceptance speech can be viewed at:

http://mediavisionz.com.au/qrc/2014/

ENDS

For an behalf of the Board
Morné Engelbrecht
MD & CEO

About Carbon Energy

Carbon Energy (ASX: CNX) (OTCQX: CNXAY) is building a Queensland gas business.
The Company is committed to providing Australian industrial gas users with an affordable and secure source of high quality gas, as gas prices continue to rise with increased overseas demand.

Carbon Energy is developing a new Queensland-based energy portfolio. Subject to government approvals, the Company is currently developing its first commercial project, the Blue Gum Gas Project, near Dalby in Queensland. This plant will supply
25PJ of natural gas per annum and is located within easy access to markets, and close to existing infrastructure.
Additionally, Carbon Energy has the potential to supply the growing overseas markets.
A key competitive advantage for Carbon Energy has been the development of its unique keyseam technology. This proven and highly controlled technology enables access to productive gas resources that were previously considered too deep or uneconomic.
keyseam maximises resource efficiency, while minimising surface disturbance and preserving groundwater quality. Originally developed by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) it has been proven through six years of field trials.
Alongside its local operations, Carbon Energy works with international partners to unlock new energy resources offshore. The Company delivers end-to-end services from initial project assessment through to commercial project development, operations, site decommissioning and rehabilitation. It also has an established project in Inner Mongolia, China.
Carbon Energy is headquartered in Brisbane, Australia, is listed on the Australian Securities Exchange (ASX) as CNX and is quoted on the OTCQX International Exchange as CNXAY in the United States.

keyseam® is a registered Trademark of Carbon Energy Ltd

www.carbonenergy.com.au

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