Mining Exploration Entity Quarterly Report - Sep 2007

A summary of activity for White Energy Company Limited (“WEC) during the quarter ended 30 September 2007.

Coal Technology Operations
Joint Venture with PT Bayan Resources (WEC 51%)
Joint Venture with Adaro Group & Itochu Corporation (WEC 51%)
Strategic Alliance with Thiess for the Construction of Coal Processing Plants
Other significant activity during the quarter
Capital Raising Activities – Convertible Notes Issue
Synthetic Natural Gas Opportunity
China Office

Exploration Operations
Bridgetown (Amerod 100%)
Mt Mundy (Amerod 100%)
Glen Ayle (Amerod 100%)