Informationen zu Altona Resources

TIDMANR

RNS Number : 5912Z

Altona Energy PLC

17 January 2011

Altona Energy Plc / Index: AIM / Epic: ANR / Sector: Exploration & Production

17 January 2011

Altona Energy Plc ('Altona' or 'the Company')

Director's Interest

Altona Energy Plc, the AIM listed Australian based energy company, has  been notified that Peter Fagiano, Executive Director of Altona,  currently holds 1,000,000 ordinary shares of 0.1 pence each in the  Company, representing 0.24% of the total issued share capital.  Additionally, Mr. Fagiano also holds 1,000,000 unlisted options  exercisable at 10 pence.

Peter joined the Board of Altona from Jacobs Engineering UK Limited at  the beginning of 2011 and has an inherent understanding of the  Arckaringa Coal-to-Liquids Project in South Australia.

**ENDS**

For further information visit www.altonaenergy.com or please contact:

This information is provided by RNS

The company news service from the London Stock Exchange

END

TIDMANR

RNS Number : 7553A

Altona Energy PLC

07 February 2011

Altona Energy Plc / Index: AIM / Epic: ANR / Sector: Exploration & Production

7 February 2011

Altona Energy Plc ('Altona' or 'the Company')

Arckaringa Project BFS Work Programme Update

Altona Energy Plc, the AIM listed Australian based energy company, is  pleased to provide a positive update on progress at the Arckaringa  Coal-to-Liquids ('CTL') Project in South Australia. This update  specifically concerns the Bankable Feasibility Study ('BFS') and the  implementation of a work programme aimed at evaluating the conversion  opportunities for the estimated 7.8 billion tonne Arckaringa coal  resource, of which 1.287 billion tonnes are currently JORC complaint.

Overview

-- Appointment of General Prospecting Institute of the China National  Administration for Coal Geology ('CNACG') to advance technical studies  as part of BFS work programme for the Arckaringa Project - studies well  underway and on schedule

-- Recent site visit attended by all parties including Altona, CNOOC-NEIA and CNACG

-- Checking and confirmation of data parameters completed for the  existing geological database and the physical conditions governing the  location of the Wintinna Coal Mine and supporting infrastructure

-- Preparing documentation to gain an Exploration Work Approval and to  select local drilling and hydro-geological companies for field  programmes

-- Aiming to design field drilling programmes to provide the detailed  information needed for mine design and the groundwater management  programme by April 2011

Altona's Managing Director, Chris Schrape, said, "It was exciting to  join with our JV partner and technical consultants on the ground in  South Australia as we collaborate in taking significant steps in  advancing our BFS work programme. The work now in progress will build a  solid platform for the detailed evaluation of the mining aspects at  Arckaringa and is consistent with the structured approach required for a  BFS on a large scale clean coal conversion project with a base case  capacity of 15 mtpa."

CNACG has been appointed to advance technical studies as part of the  BFS work programme for the Arckaringa Project. CNACG commenced work in  the fourth quarter of 2010 under a contract approved by Altona and its  Joint Venture partner CNOOC-NEIA, the Australian subsidiary of CNOOC,  one of China's major oil companies. Consequently, the first three of the  [previously announced] studies listed below are well underway:

-- Detailed review of coal deposit geology and consideration of supplemental drilling;

-- Groundwater investigation and verification;

-- Groundwater management research and design;

-- Environmental baseline studies;

-- Open cut coal mining methodology options; and

-- Product market research.

A technical team from CNACG visited South Australia from 19-27 January  2011. During this time they held a series of technical data review  sessions with the JV Operating Team and met local hydrogeological and  other consultants, including those employed during the Altona Pre  Feasibility Study ('PFS') work. The team also visited the site and  confirmed the parameters for the existing geological database and the  physical conditions governing the location of the Wintinna mine and  supporting infrastructure, including the transport corridor options to  link into the nearby national rail and road network.

To date, CNACG has reviewed and consolidated all original technical  data concerning the Wintinna deposit, including Altona's PFS work and  historical data. CNACG is now focussed on a Geological Report on licence  EL4512 to assist the development of the long term plan for the Wintinna  Coal Mine, which it aims to complete during March 2011. It also aims to  complete comprehensive geological and hydro-geological research reports  to underpin the design of the field drilling programmes that will  provide the detailed information needed for mine design and the  groundwater management programme by April 2011.

In anticipation of the completion of the CNACG reports, the JV  partners are preparing documentation to gain the required Exploration  Work Approval ('EWA') from the South Australian Government and to select  the local drilling and hydro-geological companies for the field  programmes, which are scheduled to commence in mid 2011. Further details  on the field programmes, including their scope and duration, will be  announced when the

TIDMANR

RNS Number : 6398X

Altona Energy PLC

17 February 2012

Altona Energy Plc

('Altona' or 'the Company')

Acquisition of Coal Exploration Licences and Completion of Placing

Altona Energy Plc, the AIM listed energy company, today announces that  it has conditionally agreed to acquire a 95% indirect beneficial  interest in two advanced coal exploration licences located in the  Xinjiang Uygur Autonomous Region of the People's Republic of China  ("PRC"). The Company also announces it has entered into a conditional  placing agreement with institutional investors to raise GBP1million to  provide additional working capital.

Highlights of the Acquisition:

o  Total coal resource of the licences is estimated to be  approximately 1.17 billion tonnes under Chinese standards (not JORC  compliant)

o  The exploration licences are well connected to good road infrastructure and growing local and regional coal markets

o  The coal is a marketable medium to high energy thermal coal

o  A large portion of the coal resource is accessible by conventional truck and shovel open cut mining methods

o  The consideration payable, excluding the option consideration, is  approximately GBP13 million with payments conditional on the achievement  of, and staged to reflect development and performance milestones.

o  The exploration assets are advanced and are expected to be readily converted into Mining Licences ("ML"s).

o  It is anticipated that the ML application process will commence upon completion of the transaction.

Christopher Lambert, Chairman of Altona commented:

"We are delighted to have secured these two advanced exploration  licences, which we believe to have significant potential.  These are  advanced exploration assets that are expected to have a clear path  through the mining licence application process and into production. This  is a transformational move for the Company, providing the potential to  move into production in the near term on a sustainable basis, and  generate strong cash flows underpinning Altona's future, as it actively  continues the progression of the bankable feasibility studies on its  flagship Arckaringa Project in joint venture with CNOOC-NEI."

"The consideration has been favourably structured against significant  performance milestones, including successfully converting each  exploration licence into a mining licence and with the cash  consideration only payable out of profits following the commencement of  production in respect of each mining licence."

"Altona's Managing Director, Chris Schrape (formerly CEO of Griffin  Coal) will be heading up the due diligence team alongside Altona Beijing  office, and during this period Altona's Technical Director, Peter  Fagiano, will be spear heading the Arckaringa Project with continued  assistance from Chris and our Beijing office."