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Bandanna Energy Limited

ASX:BND ISIN:AU000000BND8

Feb 10, 2012

OVERVIEW | NEWS | MULTIMEDIA | RESEARCH

Bandanna Energy Limited Company Summary

Bandanna Energy Limited (ASX:BND) holds 11 Exploration Permits for Coal (EPC's) with applications for a further five (EPCA's), in the Bowen and Galilee Basins in Queensland. In addition the Company has conventional oil and gas exploration interests in the Cooper Basin of South Australia and Queensland and mineral exploration licences, primarily for oil shale in Queensland. Formerly known as Enterprise Energy Limited, in early October 2008 the Company completed a transaction involving the acquisition of the issued capital of Bandanna Coal Pty Ltd, a capital raising and a 1 for 10 share consolidation. The name change to Bandanna Energy Limited reflected the future emphasis on coal, the Bandanna Formation being a well known coal bearing geological unit within the Bowen Basin.

DIRECTORS / OFFICERS

Jeremy W Barlow Non-Executive Chairman Jeremy Barlow has had a long career in the coal and petroleum industries. He was a principal of the Barlow Jonker consulting group which provided a wide range of specialist consulting to the coal industry, prior to its acquisition in 2007 by Wood Mackenzie. Mr Barlow was a director of CH4 Gas Limited and upon its merger with Arrow Energy Limited he became a non-Executive Director of Arrow Energy Limited in August 2006. Jeremy Barlow has had diverse technical and commercial experience in the energy industry including senior management and executive positions with a number of operating companies in Australia and overseas, as well as having been a consultant to major international clients. He is a Fellow of the Australasian Institute of Mining and Metallurgy. His qualifications include a Bachelor of Engineering (Mining) and a MBA.
Michael Gray CEO Mr Gray has more than 20 years experience in the planning and development of major mining infrastructure projects, including high-level involvement in resource feasibility and development, project finance, project execution, environmental management and Native Title issues.
David DH Graham Non Executive Director David Graham has an extensive history in the financial sector specialising in capital market transactions having worked with organisations such as Ord Minnet, Bankers Trust Australia, Bankers Trust International and CitiNational Limited. Mr Graham is Executive Chairman of DDH Graham Limited, an advisory and funds management company he founded in 1981. He has extensive public company experience including having served on the boards of Santos Limited, Crusader Limited and Mincom Limited and is currently a non-executive director of Bank of Queensland Limited. His qualifications include Bachelor of Economics (Hons) and Bachelor of Commerce from the University of Queensland and a Master of Business Administration from Lehigh University Penn. USA.
Robert K Johansen Non-Executive Director Robert Johansen was responsible for the incorporation, development and operation of Bandanna Coal Pty Ltd and its subsidiaries from its inception until its acquisition by Bandanna Energy Limited. Prior to that he held various operational and management positions in the Australian and South African coal industries over a 10 year period. He holds a first class honours degree in Mining Engineering and bachelor degrees in Commerce and Law from the University of Queensland. Mr Johansen is also currently Managing Director of Global Resource Asset Exchange Pty Ltd, a company specialising in managing divestment and acquisition of mines and deposits. He is a Member of the Australasian Institute of Mining and Metallurgy and an associate member of the society of Certified Practicing Accountants.
Park Soon IL Nn Executive Director Mr Park Soon IL is the Senior Managing Director of SAMTAN's Energy & Resources Development Division. Mr Park Soon IL is a qualified mining engineer with 30 years experience in Korean and Indonesian mines. Mr Park Soon IL brings significant coal industry knowledge to the board through his involvement with SAMTAN's Kideco mine in Indonesia.

ANNUAL REPORT

PRESENTATIONS

COMPANY DATA

	Headquarters	Level 4, 260 Queen Street

		Brisbane, QLD, 4001

		Australia

	Telephone	+61-2-9923-1520

	Fax	+61-2-9923-1528

	Principal Sector	Energy

	Principal Industry	Energy

	Homepage	www.bandannaenergy.com.au

Key Developments: Bandanna Energy Limited

	Bandanna Energy Limited (ASX:BND) Audio Webcast Titled - Bandanna Releases A New Coal Reserve Estimate FEB 3, 2012 14:47 - Article Views: 286 Bandanna Energy Limited (ASX:BND) provides the opportunity to listen to an audio broadcast with Dr Ray Shaw, Managing Director in a presentation titled "Bandanna releases a new coal reserve estimate".

	Bandanna Energy Limited (ASX:BND) Quarterly Activities Report JAN 31, 2012 16:07 - Article Views: 353 Bandanna Energy Limited (ASX:BND) is pleased to provide a quarterly report for the period ended 31 December 2011.

	Bandanna Energy Limited (ASX:BND) Maiden Open-Cut Reserve Statement for South Galilee Project JAN 31, 2012 13:01 - Article Views: 289 Bandanna Energy Limited (ASX:BND) is pleased to announce that AMCI, the manager for the South Galilee Coal Project (SGCP) Joint Venture and 50% participant, has provided a JORC compliant Coal Reserves Estimate for open cut mineable reserves prepared by Echelon Mining Services. The Reserve Estimate is based on the Coal Resource Statement prepared in February 2011 and data provided in the Pre-Feasibility Study completed in April 2011.

	Bandanna Energy Limited (ASX:BND) Status Update for January 2012 JAN 4, 2012 09:47 - Article Views: 602 Bandanna Energy Limited (ASX:BND) provides an update on its activities as at 4th January 2012.

	Bandanna Energy Limited (ASX:BND) Status Update for December 2011 DEC 23, 2011 12:36 - Article Views: 739 Bandanna Energy Limited (ASX:BND) provides the following update on its activities as at 23rd December 2011.

	Bandanna Energy Limited (ASX:BND) Appoints John Pegler as Non-Executive Director DEC 23, 2011 09:51 - Article Views: 705 Bandanna Energy Limited (ASX:BND) is pleased to announce that effective 1 January 2012, John Pegler will join the board as a non-executive director. John is very well known in the international coal industry. A mining engineer by training, he has worked for 39 years in open-cut and underground resource development, coal mining and processing operations, international and domestic coal marketing, project management and international procurement.

	Bandanna Energy Limited (ASX:BND) Progresses Cultural Heritage Management Plans at Two projects DEC 23, 2011 09:43 - Article Views: 579 Bandanna Energy Limited (ASX:BND) is pleased to announce it has reached in-principal agreement with the Indigenous Kairi people on the terms for Cultural Heritage Management Plans at the Springsure Creek Coal Project and the Arcturus Project in the Bowen Basin.

	Bandanna Energy Limited (ASX:BND) Significant Increase in Indicated Resources for Springsure Creek Project DEC 21, 2011 10:55 - Article Views: 604 Bandanna Energy Limited (ASX:BND), through its wholly owned subsidiary Springsure Creek Coal Pty Ltd, is pleased to announce that Xenith Consulting has certified resources in the Springton domain totalling 255.9 million tonnes. This Resource comprises Inferred Resources of 109.7 million tonnes and Indicated Resources of 146.1 million tonnes. The new Resource Statement follows the completion of boreholes of the targeted Aries 2 seam since July 2011.

	Bandanna Energy Limited (ASX:BND) Appoints Michael Gray as New Chief Executive Officer DEC 9, 2011 10:07 - Article Views: 746 Bandanna Energy Limited (ASX:BND) announces the appointment of highly experienced mining executive Michael Gray to the position of Chief Executive Officer. Mr.Gray's appointment will become effective in the first quarter of 2012 at which time he will join the board of the company as Managing Director.

	Bandanna Energy Limited (ASX:BND) Receives All Necessary Indigenous Consents for South Galilee Coal Project DEC 8, 2011 14:31 - Article Views: 674 Bandanna Energy Limited (ASX:BND) is pleased to announce that the South Galilee Coal Project Joint Venture, in which it is a 50% participant together with AMCI (50% and manager), has received the consent of the Wangan and Jagalingou People (W & J People) for all approvals needed to develop the Project and infrastructure corridor.