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Holding(s) in Company

6th Jan 2009 09:00

RNS Number : 1620L
Altona Energy PLC
06 January 2009
 



Altona Energy Plc / Index: AIM / Epic: ANR / Sector: Energy

06 January 2009

Altona Energy Plc ('Altona' or 'the Company')

Holdings in Company

Altona Energy, the Australian based energy company, was notified on 5 January 2009 by Tongjiang International Energy Co. Limited ('Tongjiang') that following the purchase of 1,500,000 ordinary shares in the Company on 22 December 2008, Tongjiang now has a shareholding of 76,500,000 ordinary shares in Altona Energy.

This represents approximately 21.36% of the Company's total voting rights.

**ENDS**

For further information visit www.altonaenergy.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 Limited

Tel: +44 (0) 207 634 4705

Victoria Thomas

St Brides Media & Finance Ltd

Tel: +44 (0) 207 236 1177

Notes to Editors:

About Altona

Altona Energy Plc is an Australian based energy Company that listed on the AIM market of London Stock Exchange 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 equivalent standards of the time) 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.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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