Bandanna Energy Limited (ASX:BND) Appoints John Pegler as Non-Executive Director

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.

After service with BP (NYSE:BP) and Rio Tinto (ASX:RIO) in NSW, Queensland and Indonesia including roles at Managing Director level, he recently retired as Chief Executive Officer of Central Queensland open cut coal producer Ensham Resources Pty Ltd.

He was twice President and is an elected Life Member of the Queensland Resources Council.

His current roles include:

- Chairman of the Australian Coal Association (ACA)
- Chairman of ACA Low Emission Technologies Ltd
- Foundation Member of the Queensland Clean Coal Council
- Director of ERA Ltd, Australia's largest publicly listed uranium producer
- Director of WDS Ltd, a publicly listed contractor to the mining and gas industries

Bandanna's Chairman Jeremy Barlow said: "We are delighted that John has accepted the invitation to join the board. He brings a wealth of coal industry experience with him and is highly regarded internationally. The company will benefit from his experience, wisdom and energy."

About Bandanna Energy Limited

Bandanna Energy Limited (ASX:BND) is uniquely positioned to become Australia's next coal producer. The company's core activities are exploration, project evaluation and development of thermal and PCI coal assets located in Queensland, Australia.

Bandanna Energy is the only ASX listed company with substantial coal assets in both the Bowen and Galilee basins subject to EIS and advanced mine studies. The company is committed to working constructively with the communities in which it operates, and delivering growing returns to shareholders, government and the community.

Bandanna Energy's Springsure Creek underground thermal coal project is scheduled to commence production in mid-2015. Bandanna is a 14% shareholder in Wiggins Island Coal Export Terminal (WICET) Stage 1 at Gladstone, with port allocation of 4Mtpa for the Springsure Creek Project, and has also secured the necessary infrastructure capacity for the integrated rail haulage of coal from the Springsure Creek Project to port.

 

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