In the same category

Altona Energy

Published : June 16th, 2008

Appoints Jacobs Australia and Enthalpy Pty Ltd to Integrated Owners Team

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Australia | Coal | Hydrogen | London | Oil | South Africa | Storage | Sulphur |

 

Altona Resources Plc / Index: AIM / Epic: ANR / Sector: Exploration & Production

16th June 2008

Altona Resources Plc (?Altona? or ?the Company?)

 

Appointment of Jacobs Australia and Enthalpy Pty Ltd to

Altona?s Integrated Owners Team

 

Altona Resources Plc, the AIM listed Australian based energy company, has established an experienced management team to oversee the final stage of the Bankable Feasibility Study (?BFS?) for the Company?s Arckaringa Coal to Liquid (?CTL?) and Power Project in South Australia (the ?Arckaringa Project?).  Leading engineering consultants, Jacobs Australia Pty Ltd (?Jacobs Australia?) and project management firm, Enthalpy Pty Ltd (?Enthalpy?), will join Altona?s current management to form an Integrated Owners Team (?Owners Team?) with immediate effect.

 

The new Owners Team brings together a wealth of experience in delivering feasibility studies and controlling complex world scale resources projects. Jacobs Australia has a strong background in project management and controls, and also benefits from the extensive reach-back into the greater Jacobs Engineering Organisation of over 55,000 personnel worldwide. Australian based project management company Enthalpy, specialises in conducting feasibility studies for major resource companies based on a series of tested, disciplined BFS control procedures.

 

The Owners Team is focussed on delivering the BFS over two stages:

 

  • Stage One - pre-BFS - selection of the Study Engineer that will carry out design and environmental assessments for the Arckaringa Project, the formalisation of the corresponding contractual services arrangements and the BFS Study Plan.
  • Stage Two - delivery of the BFS - working in concert with the Study Engineer, within an agreed cost and timeframe to enable the Arckaringa Project to achieve government approval and financial close.

 

Stage One is currently underway with the appraisal of the Expressions of Interest received from world class engineering companies for the role of Study Engineer.. The selection and appointment process is anticipated to be completed to allow a smooth transition into Stage Two in the fourth quarter 2008 with the study expected to take a further 21 ? 24 months.

 

Altona Managing Director Chris Schrape said, ?The combination of Jacobs Australia and Enthalpy, working with our existing highly experienced team, provides us with a ready-made core of feasibility study experience, a proven and detailed study procedure and controls, and top level specialists supported by a global network of resources. Together with the Study Engineer, we will form an extremely strong team to take the Arckaringa Project through the  BFS phase.  Both Jacobs Australia and Enthalpy have welcomed the opportunity to contribute to Altona?s development of this significant Australian energy project.?

* * ENDS * *

 

For further information visit www.altonaresources.com or please contact:

 

 Christopher Lambert

Chairman

Tel: +44 (0) 207 024 8391

 

 Christopher Schrape

Managing Director

Tel: +61 (0) 417 984 434

 

Hugh Oram

Ambrian Partners

Tel: +44 (0)20 7634 4700

Alastair Stratton

Matrix Corporate Capital LLP

Tel: +44 (0) 207 925 3300

Victoria Thomas

St Brides Media & Finance Ltd

Tel: +44 (0) 207 236 1177

 

Notes to Editors

 

About Altona

Altona Resources Plc is an Australian based energy Company that was admitted to trading on AIM in March 2005. Altona's primary focus is the completion of a bankable feasibility study for its wholly owned Arckaringa Project for an integrated 10 million barrel per year Coal to Liquid ('CTL') plant with a 560 MW co-generation power facility. 

 

The Company 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. These include three coal deposits, Westfield (EL3360), Wintinna (EL3361) and Murloocoppie (EL3362). All three lie close to the Adelaide to Darwin railway and the Stuart Highway. Containing more than 7.5 billion tonnes of coal (based on previous JORC standards) 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.

 

About Coal-to-Liquids (also see www.altonaresources.com)

CTL is a proven technology which converts coal into more environmentally clean and manageable energy sources including gas and synthetic fuels. The process involves two major stages, gasification to produce synthetic gas ("Syngas") rich in hydrogen and carbon, and a liquefication stage where the Syngas is reacted over a catalyst to produce high quality, ultraclean synthetic fuels and chemical feedstocks. 

 

CTL is a prime example of clean coal technology - the associated combined cycle units produce negligible sulphur oxides, significantly less nitrogen oxides and 10 - 20% less CO2 per unit of power generated than a conventional coal fired plant, whilst carbon capture and storage offers the potential to reduce the overall greenhouse gas emissions from CTL to below the "well to wheel" level of fuels derived from crude oil.

 

The technology is best demonstrated in South Africa, where currently 30% of the country's gasoline and diesel fuel needs are met through CTL plants  

 

Jacobs Australia

Jacobs employs over 270 people across Australia and has been established in the country since 1997, with staff in all mainland capital cities except Darwin. The company provides a wide range of advanced technology and project management services to the Department of Defence and engineering consultancy services to the Australian mining and resource development industries, using its Australian workforce and the support of the global Jacobs Organisation, one of the world?s leading engineering companies. Forfurtherinformation visit www.jacobs.com.

 

Enthalpy Pty. Ltd

Enthalpy commenced operations in Australia in 1988. Today the company employs 140 senior personnel in Australia and overseas, typically engaged as project controls, contract and management teams on large scale projects for major resource, energy and infrastructure companies. Projects under management total A$5 billion and under feasibility studies, A$11 billion. For further information visit www.enthalpy.com.au

 

 

 

 

 

Chris Welsh

St Brides Media & Finance Ltd

Chaucer House

38 Bow Lane

London EC4M 9AY

 

www.sbmf.co.uk

T:  +44 (0) 207 236 1177 | M: +44 (0) 7720 848 102 | F:  +44 (0) 207 242 4488

 


______________________________________________________________________
This email has been scanned by the MessageLabs Email Security System.
For more information please visit http://www.messagelabs.com/email
______________________________________________________________________
Data and Statistics for these countries : Australia | South Africa | All
Gold and Silver Prices for these countries : Australia | South Africa | All

Altona Energy

CODE : ANR.L
ISIN : GB00B06GJT32
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Altona Energy is a exploration company based in United kingdom.

Altona Energy is listed in United Kingdom. Its market capitalisation is GBX 28.1 billions as of today (US$ 32.8 billions, € 28.8 billions).

Its stock quote reached its lowest recent point on November 24, 2017 at GBX 0.01, and its highest recent level on January 04, 2019 at GBX 97.50.

Altona Energy has 1 558 956 853 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate Presentations of Altona Energy
10/2/2008Ambrian Initiates coverage on Altona Resources - BUY recomme...
Nominations of Altona Energy
6/16/2008Appoints Jacobs Australia and Enthalpy Pty Ltd to Integrated...
3/29/2006Appointment of CEO
Project news of Altona Energy
5/30/2008(Arckaringa Basin)Proceeds to final stage of Bankable Feasibility Study
3/4/2008(Arckaringa Basin)Completes Field Programme at Arckaringa
Corporate news of Altona Energy
4/12/2016Sino-Aus Financial Contribution
4/1/2016Result of General Meeting
3/24/2016Directorate Change
1/25/2016Subscription and JV Contribution
1/18/2016Update on Subscription and JV Contribution
12/23/2015Notification of Subcription by Sino-Aus
12/18/2015Director Dealing
12/16/2015AGM Statement
11/23/2015Final Results
11/5/2015Joint Venture Agreement
10/27/2015Update on Joint Venture
7/5/2011Ortac Resources Ltd - Positive Silver Assay Results from Kre...
2/24/2010Launch of New Website & Presentation
9/1/2008Coal Resource Estimate of 1.287 billion Tonnes at Wintinna C...
8/19/2008signs MOU with China National Offshore Oil Corporation subsi...
7/22/2008Extends MOU with BP Australia
6/30/2008Intention to list on Australian Securities Exchange
5/6/2008EGM Statement
2/26/2008Signs Agreement for Tongjiang International Energy to invest...
2/20/2008Potential new investor
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
LSE (ANR.L)
18.00+0.00%
LSE
GBX 18.00
06/28 17:35 -
0%
Prev close Open
18.00 18.00
Low High
18.00 18.00
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  18.00 -%
Volume 1 month var.
3,085 -%
24hGold TrendPower© : 44
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.66-0.78%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.22-0.33%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.52-0.76%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64+0.00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.48+1.54%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.26+4.08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.23+9.52%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.90+1.06%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 53.08+0.70%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :