9th May, 2008
GB00B23JN426/GBP/PLUS-exn
ORACLE COALFIELDS PLC
DRILLING PROGRAMME COMPLETED AT BLOCK VI, THAR COALFIELD, PAKISTAN
Oracle Coalfields Plc is pleased to announce that the seven borehole drilling programme on Block
VI of the Thar Coalfield in Pakistan has been successfully completed within budget. The purpose of
the seven borehole programme was to validate the exploration results from the China North East
Geological Survey Bureau ("CNEGS"), which completed a 35-borehole programme on Block VI in 2006.
The Company now looks forward to reporting an internationally recognised JORC standard reserve at
Block VI by the end of the current quarter.
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
CORPORATE ADVISERS
ST HELEN'S CAPITAL PLC
BARRY HOCKEN, DIRECTOR
TELEPHONE: 020 7628 5582
EMAIL: BARRY.HOCKEN@STHELENSCAPITAL.COM
CONDUIT PR
JOS SIMSON
Telephone: 020 7429 6603
WEBSITE:
www.oraclecoalfields.com
Oracle Coalfields plc