Uhde Shedden has received a 'Letter of Intent' to undertake the FuturGas PreFeasibility Study for Hybrid Energy. Uhde Shedden in conjunction with its partners has proposed to complete the scope with a work split between our respective Melbourne and Adelaide offices. The PreFeasibility Study has been delayed while an investment partner is secured for the project. The receipt of this LOI further demonstrates Uhde Shedden's international standing in the coal gasification and coal to liquids (CTL) market place.