Last 1.05 GBp
Change Today 0.00 / 0.00%
Volume 792.9K
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altona energy plc (ANR) Snapshot

Open
1.05 GBp
Previous Close
1.05 GBp
Day High
1.05 GBp
Day Low
1.05 GBp
52 Week High
08/5/13 - 1.78 GBp
52 Week Low
07/12/13 - 0.83 GBp
Market Cap
8.3M
Average Volume 10 Days
608.7K
EPS TTM
-0.0020 GBp
Shares Outstanding
792.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for ALTONA ENERGY PLC (ANR)

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altona energy plc (ANR) Details

Altona Energy Plc, an energy company, engages in the exploration and evaluation coal in Australia and the United Kingdom. The company, through its subsidiary, Arckaringa Energy Pty Ltd, holds a 49% interest in 3 exploration licenses covering 2,500 square kilometers in the northern portion of the Arckaringa Basin in South Australia, including 3 coal deposits comprising Westfield (EL4511), Wintinna (EL4512), and Murloocoppie (EL4513) located near the Adelaide to Darwin railroad and the Stuart Highway. It is also involved in the evaluation and development of coal to liquid plant and co-generation power facility in South Australia. Altona Energy Plc is based in London, the United Kingdom.

10 Employees
Last Reported Date: 10/31/13

altona energy plc (ANR) Top Compensated Officers

Chief Executive, Director and Member of Remun...
Total Annual Compensation: 225.0K GBP
Executive Chairman
Total Annual Compensation: 175.0K GBP
Compensation as of Fiscal Year 2013.

altona energy plc (ANR) Key Developments

Altona Announces Arckaringa Project Update

Altona announced that its 100% owned and operated Arckaringa project has had an extension until 19th May 2015 granted to its Water Affecting Activity Permit (WAAP), which defines water management procedures for the proposed 31-hole drilling programme. This Permit was granted by the Department for Environment, Water and Natural Resources (DEWNR) via the South Australian Arid Lands Natural Resources Management Board (SAALNRMB). It follows the recent grant of a renewed Program for Environmental Protection and Rehabilitation (PEPR), which identifies all relevant environmental, social and economic impact events that may result from proposed exploration activities and how each of the identified impacts are to be managed or avoided. The WAAP approval and the previously announced PEPR approval follow South Australian Government consent for the return of its Exploration Licences, previously held by the former Joint Venture partners Altona and CNOOC.

Altona Energy plc Announces Board Changes

Altona Energy Plc announced that Mr. Qinfu Zhang has been appointed to the board of the company as executive director with immediate effect and replaces Mr. Jiahong Zhang, who steps down with immediate effect. Mr. Qinfu Zhang is the nominated board representative of Wintask Group Limited. Mr. Qinfu Zhang has over 30 years work experience in the fields of clean energy and manufacturing. Mr. Zhang holds the position of chairman at Wintask Group Limited, Shaanxi Hailang Group, Hlevel Co. Ltd, and Fu'an Biology Technology Co. Ltd.

Altona Provides Operating Update on Arckaringa Project in South Australia

Altona announced the update on the Arckaringa Project in South Australia. Altona Energy has been informed in writing by Sino-Aus and Wintask that they have now successfully completed their due diligence process and that they are now ready to enter discussions regarding a Joint Venture agreement to progress the Arckaringa Project in South Australia. This decision follows due diligence enquiries including a visit by Sino Aus and Wintask to South Australia last month where they held briefing meetings with key Government officials and private sector parties as part of the due diligence process. In addition Altona has been advised by the South Australian Government that its application for a renewed Program for Environmental Protection and Rehabilitation (PEPR) has been approved. The PEPR identifies all relevant environmental, social and economic impact events that may result from proposed exploration activities and how each of the identified impacts are to be managed or avoided. The approval was granted by the Department for Manufacturing, Innovation, Trade, Resources and Energy (DMITRE). Altona is also awaiting an extension to the Water Affecting Activity Permit (WAAP), which defines water management procedures for the proposed drilling programme and expects to receive a decision shortly. Altona will provide a further update to investors in due course.

 

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