Company News: Bandanna Energy
Updated: 21 May 2012
Bandanna Energy Limited holds 16 Exploration Permits for Coal (EPC’s) in the Bowen and Galilee basins in Queensland where more than 1,400 million tonnes of JORC compliant coal resource has been delineated. In addition Bandanna has some 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 share capital of Bandanna Coal Pty Ltd. Since that time the Bandanna has grown to now hold the largest thermal coal inventory for any exploration company in Australia and become an ASX 300 Company. The recent allocation of 4 Mtpa in Stage 1 of the Wiggins Island Coal Export Terminal development will see Bandanna able to ship first coal from approximately February 2014. This is a major milestone for the Company as it moves from an explorer through to a coal producer.
Business Category Exploration; Mining
Regions of Operation Australasia
Exchange Ticker BND
Financial Information
Stock Feed
Exchanges listed on ASX
Share Holders
Market Cap
Shares Issued
Level 12, 410 Queen Street
- BRISBANE
- Queensland
- 4000
- Australia
Speaker Biography
Most Recent Company News
- Bandanna Energy MD - 16 Mar 2012 12:26pm
Australian coal producer Bandanna Energy Ltd appointed Michael Grey as managing director Read more... - QR National forms deal with miners to build rail - 05 Sep 2011 12:15pm
QR National, the Australian freight haulage operator, said it signed an agreement with a consortium of coal miners worth A$900 million (US$952 million) to construct rail to an export terminal in Gladstone, Queensland. Read more... - Australia: Performance under pressures - 22 Jul 2011 12:01pm
Australia’s mining sector continues to achieve results despite political and environmental pressures Read more... - AMCI to secure project share - 15 Jul 2011 12:33pm
AMCI Ltd has exercised a right to earn a 50% interest in the South Galilee coal project in Queensland from Bandanna Energy Ltd, by contributing a final A$8.2 million (US$8.75 million) in cash to the joint venture Read more... - Bandanna's Bowen Basin projects viable - 21 Apr 2011 12:04pm
Independent feasibility studies for three of Bandanna Energy Ltd’s coal projects in Australia’s Bowen Basin have indicated that their development would result in “material positive net present value” Read more...
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