White Energy Company Investor Centretag:www.whiteenergyco.com,2012:/investor//62012-01-31T12:19:57ZMovable Type 3.38Mining Exploration Entity Quarterly Report - Dec 2011tag:www.whiteenergyco.com,2012:/investor//6.12262012-01-31T05:35:08Z2012-01-31T12:19:57ZAntonella Letohttp://www.whiteenergyco.comASX Share Price Querytag:www.whiteenergyco.com,2012:/investor//6.12252012-01-13T04:23:17Z2012-01-13T04:24:11ZAntonella Letohttp://www.whiteenergyco.comForm 605 - Notice of ceasing to be a substantial holdertag:www.whiteenergyco.com,2011:/investor//6.12242011-12-28T23:03:23Z2012-01-08T23:04:38ZAntonella Letohttp://www.whiteenergyco.comTabang Update - WEC subsidiaries commence legal proceedingstag:www.whiteenergyco.com,2011:/investor//6.12232011-12-27T22:53:50Z2012-01-08T23:00:29Z28 December 2011 – White Energy Company Limited (ASX:WEC; OTCQX:WECFY) (“White Energy”) Further to its previous updates on 9 and 21 November 2011, White Energy wishes to advise shareholders that its wholly owned subsidiaries, BCBC Singapore Pte Ltd (“BCBCS”) and...Antonella Letohttp://www.whiteenergyco.com
28 December 2011 – White Energy Company Limited (ASX:WEC; OTCQX:WECFY) (“White Energy”) Further to its previous updates on 9 and 21 November 2011, White Energy wishes to advise shareholders that its wholly owned subsidiaries, BCBC Singapore Pte Ltd (“BCBCS”) and Binderless Coal Briquetting Company Pty Limited (“BCBC”) (together, the “White Energy parties”), on 27 December 2011, commenced proceedings in the High Court of the Republic of Singapore against PT Bayan Resources Tbk (“Bayan”) and Bayan International Pte Ltd (“BI”), (together, the “Bayan parties”).
The proceedings relate to White Energy’s 51% owned Indonesian subsidiary company, PT Kaltim Supacoal (“KSC”), which is 49% owned by Bayan.
The issues in the proceedings include a claim by BCBCS against Bayan for damages for breach of the Joint Venture Deed between the KSC shareholders, including the obligation to supply coal to KSC and the obligation to provide funding to KSC.
Form 604 - Notice of change of interests of substantial holdertag:www.whiteenergyco.com,2011:/investor//6.12222011-12-19T22:12:53Z2011-12-19T22:13:56ZAntonella Letohttp://www.whiteenergyco.comResponse to ASX Price Querytag:www.whiteenergyco.com,2011:/investor//6.12212011-12-14T22:49:36Z2011-12-14T22:50:50ZAntonella Letohttp://www.whiteenergyco.comAppendix 3Y - Change of Director's Interest Noticetag:www.whiteenergyco.com,2011:/investor//6.12202011-12-01T22:24:24Z2011-12-01T22:25:00ZAntonella Letohttp://www.whiteenergyco.comAppendix 3Y - Change of Director's Interest Noticetag:www.whiteenergyco.com,2011:/investor//6.12192011-12-01T22:22:25Z2011-12-01T22:23:12ZAntonella Letohttp://www.whiteenergyco.comSupply issue clouds Tabang's futuretag:www.whiteenergyco.com,2011:/investor//6.12182011-11-30T23:24:29Z2011-11-30T23:27:18ZAntonella Letohttp://www.whiteenergyco.comWhite Energy - Time to re-focustag:www.whiteenergyco.com,2011:/investor//6.12172011-11-30T23:19:16Z2011-11-30T23:21:50ZPartner questions viability of Indonesian plant WEC announced today that PT Bayan, its partner in the KSC JV in Indonesia, would now prefer to sell its 4,200kcal coal directly into the market for the current market price at US$60/t FOB...Antonella Letohttp://www.whiteenergyco.com
Partner questions viability of Indonesian plant
WEC announced today that PT Bayan, its partner in the KSC JV in Indonesia, would
now prefer to sell its 4,200kcal coal directly into the market for the current market price
at US$60/t FOB (or c.US$40/t ex mine) than sell it to the JV for upgrading to 6,000kcal
which sells for c.US$110/t. Although PT Bayan has a contract to deliver coal at a
much lower price to the JV, it raises the issue as to whether coal upgrading for
4,200kcal coal remains economic in Indonesia. WEC and PT Bayan have agreed to
determine how to proceed with the JV by 31 December 2011.
Where to now for WEC?
WEC has other projects in development, and the issues in Indonesia should not
impact them, other than the need for operational data from the Tabang plant. The US
options remain viable given the low price of domestic low energy coal. The coal fines
applications remain viable given that the input coal is waste with no current economic
value. The SA coal deposit is suitable for gasification, domestic coal supply and
potentially for upgrading. WEC may look to pursue other upgrading opportunities in
Indonesia of low energy coal which currently does not have an export market.
Appendix 3B - New issue announcement, application for quotation of additional securities and agreementtag:www.whiteenergyco.com,2011:/investor//6.12162011-11-29T22:09:38Z2011-11-30T22:11:23ZAntonella Letohttp://www.whiteenergyco.comResults of Annual General Meetingtag:www.whiteenergyco.com,2011:/investor//6.12142011-11-29T02:33:09Z2011-11-29T02:34:16ZAntonella Letohttp://www.whiteenergyco.comResults of Annual General Meetingtag:www.whiteenergyco.com,2011:/investor//6.12132011-11-29T02:31:42Z2011-11-29T02:32:47ZAntonella Letohttp://www.whiteenergyco.com2011 AGM Chairman and Managing Director Address to Shareholderstag:www.whiteenergyco.com,2011:/investor//6.12112011-11-29T00:59:25Z2011-11-29T01:03:06Z29 November 2011 – Attached are the addresses to be delivered by White Energy’s Chairman, Mr Travers Duncan, and Managing Director and CEO, Mr Brian Flannery, at today’s Annual General Meeting of shareholders....Antonella Letohttp://www.whiteenergyco.com
29 November 2011 – Attached are the addresses to be delivered by White Energy’s Chairman, Mr Travers Duncan, and Managing Director and CEO, Mr Brian Flannery, at today’s Annual General Meeting of shareholders.
2011 AGM - Chairman and Managing Director Address to Shareholderstag:www.whiteenergyco.com,2011:/investor//6.12102011-11-28T22:49:36Z2011-11-30T10:47:24ZAntonella Letohttp://www.whiteenergyco.com