Altona Energy Plc is a mining and exploration company. It is focused on the evaluation and development of its significant coal resources in the northern portion of the Permian Arckaringa Basin in South Australia. The company holds three exploration licences covering 2,500 sq. kms and it estimates a resource equivalent to 7.8 billion barrels of clean-burning fuel.
Altona is listed on AIM, part of the London Stock Exchange, under the code ANR.
Altona listed on the AIM London Stock Exchange in March 2005. It has a strong management team with many years experience in investment, mining and the energy industry globally.
Through its wholly owned subsidiary Arckaringa Energy Pty Ltd, Altona
holds a 100% interest in three exploration licences covering 2,500 sq.
kms in the northern portion of the Permian Arckaringa Basin in South Australia
including three coal deposits – Westfield (EL4511), Wintinna (EL4512) and
Murloocoppie (EL4513). All three deposits lie close to the Adelaide to
Darwin railroad and the Stuart Highway.