Company Information for Altona Energy Plc

AIM-ANR

www.altonaenergy.com

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Company Statement

Altona Resources Plc (‘Altona’) listed on the AIM London Stock Exchange in March 2005. Altona has a strong management team with many years experience in investment, mining and the energy industry globally.

Altona holds through its wholly owned subsidiary Arckaringa Energy Pty Ltd, a 100% interest in three exploration licences covering 2,500 sq. kms in the northern portion of the Permian Arckaringa Basin in South Australia and including three coal deposits – Westfield (EL3360), Wintinna (EL3361) and Murloocoppie (EL3362). All three deposits lie close to the Adelaide to Darwin railroad and the Stuart Highway.

Altona’s primary focus is the completion of a bankable feasibility study for an integrated 10 million barrel per year Coal to Liquid (CTL) plant with a 560 MW co-generation power facility.

Containing more than 7.5 billion tonnes of coal, or an equivalent 7.5 billion barrels of petroleum products, these coal deposits are effectively one of the world’s largest undeveloped energy banks, capable of conversion into clean liquid fuels, low cost power and high value industrial feedstocks.

Current Operations

The Arckaringa Project
The Project ‘Base Case’ includes

a 10 Million Tonne Per Annum (MTPA) open cut mine at Wintinna
a CTL plant producing 10 Million Barrels Per Annum (MBPA) or 30 Thousand Barrels Per Day (KBPD) of liquid products, mainly zero sulphur diesel fuel
560 MW of power for export

In 2007, the Project moves towards the final feasibility stage. The first step will be to complete a field drilling programme to update the Wintinna deposit to current JORC classification standards and to extract bulk samples for coal quality and process testing. Ensuing steps include CTL plant and mine design and cost optimisation and environmental and social impact studies. Amongst the challenges which will receive priority attention are the use and disposal of water in an area subject to water allocation approvals and the mitigation of greenhouse gas emissions. As indicated above, the CTL process and co-generation of power offer the potential for innovative and practical responses to these challenges.

Other Projects Being Investigated

In addition to the CTL project, Altona are also investigating the following projects:

Underground gasification
Coal offtakes for domestic supply
Coal briquette

Geographical Spread

South Australia

Board of Directors and Key Management

Christopher Walter Lambert	Chairman
Christopher John Schrape	Managing Director
Anthony John Samaha	Financial Director
Norman Lee Kennedy	Technical Director
Phillip George Sutherland	Non Executive Director
Zheng (Michael) Qiang	Non-Executive Director

Company Address

18 Pall Mall
London, United Kingdom SW1Y 5LU


Telephone:	+44 (0)207 024 8391
Email:	admin[at]altonaresources.com
Website:	http://www.altonaenergy.com

Year End

30 June

Nominated Brokers

Ambrian Partners Limited
Old Change House
128 Queen Victoria Street
London EC4V 4BJ

Nominated Advisors