Wardell Armstrong International appointed


 
TIDMORCP 
 
Wardell Armstrong International appointed 
 
 
 
 
                                                                                                        16/04/2009 
                                                                                         GB00B23JN426/GBP/PLUS-exn 
 
                                               Oracle Coalfields PLC 
 
                                     Wardell Armstrong International appointed 
 
Oracle Coalfields PLC (PLUS: ORCP) ("Oracle" or "the Company"), the UK developer of the 1.4 billion tonne Block VI 
coal  deposit  in  southern  Pakistan, is pleased to announce the appointment of Wardell  Armstrong  International 
Limited to carry out the Environmental/Social Impact Assessment (ESIA), part of the Bankable Feasibility Study  on 
the project. 
 
Block  VI  is located on the Thar coalfield in the eastern Sindh province, and hosts a JORC-compliant resource  of 
1.4 billion tonnes of which 371 million tonnes are in the proven category. 
 
Shahrukh Khan, Chairman, Oracle Coalfields PLC commented: 
 
"The  monies  recently raised means that the Bankable Feasibility Study is proceeding and I am  pleased  that  the 
leading  international consultants, Wardell Armstrong International have agreed to carry out the ESIA  work.   The 
initial phase of the ESIA, the Scoping Study, shall commence this month. 
 
"This  is  another step in achieving our aim of bringing into production the very large resource within  the  Thar 
coalfield." 
                                                                                                     16 April 2009 
 
The Directors of the issuer accept responsibility for this announcement. 
 
ENQUIRIES: 
 
Oracle Coalfields PLC 
Shahrukh Khan, Chairman 
Telephone: +44 (0) 1366500722 
Email: s.khan@oraclecoalfields.com 
 
St Helen's Capital plc 
Barry Hocken 
Telephone: 020 7628 5582 
Email: barry.hocken@sthelenscapital.com 
 
Lothbury Financial 
Michael Padley, Ron Marshman 
Telephone: 020 7011 9411 
michael.padley@lothburyfinancial.com 
ron.marshman@lothburyfinancial.com 
 
 
WEBSITE: www.oraclecoalfields.com 
 
About Oracle: 
 
Oracle  Coalfields plc is a London-based resource exploration and development company with an 80  per  cent  owned 
subsidiary  (Sindh  Carbon Energy Limited) operating in Pakistan.  The Company's shares are  quoted  on  the  PLUS 
markets (symbol: ORCP). 
 
Oracle's  flagship  project  is  the Block VI coal project located on the Thar  coalfield  in  the  eastern  Sindh 
province, Pakistan. Block VI hosts a JORC-compliant resource of 1.4 billion tonnes of which 371 million tonnes are 
in the proven category. 
 
The  Company also owns the Indus East coal project in Pakistan where a pre-feasibility study carried out by  Dargo 
Associates has confirmed a JORC-compliant inferred resource of 365 million tonnes. 
 
 
 
Oracle Coalfields plc

Oracle Power (LSE:ORCP)
過去株価チャート
から 6 2024 まで 7 2024