Business
Publication of Research Note
Publication of Research Note.
About this update from Oracle Power Plc
[{"type":"text","content":"\n \n\n 19/02/2009\n GB00B23JN426/GBP/PLUS-exn\n\n Oracle Coalfields Plc\n (\"Oracle\" or \"the Company\")\n\n Publication of Research Note\n\nOracle Coalfields Plc, the Pakistan coal explorer and developer, is pleased to announce that\nEdison Investment Research has today published a research report, which the Company has\ncommissioned. The full document can be read on the Investor Relations section of the Company's\nwebsite at http://www.oraclecoalfields.com\n\nThe Directors of the Issuer accept responsibility for this announcement.\n\nENQUIRIES:\n\nORACLE COALFIELDS PLC\nSHAHRUKH KHAN, CHAIRMAN\nTELEPHONE: +44 (0) 1366500722\nEMAIL: [email protected]\n\nCORPORATE ADVISERS\n\nST HELEN'S CAPITAL PLC\nBARRY HOCKEN, DIRECTOR\nTELEPHONE: 020 7628 5582\nEMAIL: [email protected]\n\nWEBSITE:\n\nwww.oraclecoalfields.com\n\nAbout Oracle:\n\nOracle Coalfields plc is a London-based resource exploration and development company with an 80\nper cent owned subsidiary (Sindh Carbon Energy Limited) operating in Pakistan. The Company's\nshares are quoted on the PLUS markets (symbol: ORCP). The Company's flagship project is the Block\nVI coal project which is located on the Thar coalfield in the eastern Sindh province, Pakistan.\nBlock VI is host to a JORC compliant resource of 1.4 billion tonnes and 371 million tonnes in the\nproven category.\n\nThe Company also owns the Indus East project in Pakistan. A pre-feasibility study carried out by\nDargo associates confirmed an inferred resource for the area (in line with the JORC Code) to 365\nmillion tonnes, of which the boreholes KHW-1 and KHW-2 give an indicated resource of c.24 million\ntonnes.\n\nOracle Coalfields plc\n\nOracle Coalfields plc\n\n\t\t\t\t\t\t \n ","length":2022,"tagName":"div"}]