Altona Energy Plc / Index: AIM / Epic: ANR / Sector: Exploration & Production 11 March 2010 Altona Energy Plc (Altona or the Company) Appointment of Project Technology Executive
Altona Energy Plc, the AIM listed Australian based energy company, announces the appointment of Peter Fagiano as Senior Executive in charge of Project Technology.

Peter is currently Director of Operations at Jacobs Engineering UK Limited (Jacobs), a subsidiary of one of the worlds leading project engineering firms, and has been instrumental in the completion of the Companys pre-feasibility study for an integrated coal to liquid and power project, utilising Altonas energy bank in Arckaringa, South Australia.


Mr.

Fagiano will work on a part-time basis alongside Altonas Joint Venture (JV) partner, CNOOC-NEI, a subsidiary of one of Chinas leading oil majors, China National Offshore Oil Corporation, to complete a Bankable Feasibility Study (BFS) to evaluate the numerous conversion opportunities for Altonas estimated 7.8 billion tonne coal resource of which 1.287 tonnes are JORC complaint.


Altona Chairman Chris Lambert said, "It is a great vote of confidence in Altona and the Arckaringa Project that Peter Fagiano, having worked with us for a number of years and having recent direct involvement with leading clean coal conversion technologies, is joining our Management Committee.

Peter will be a key member of our technical team on the project and his experience, combined with that of Chris Schrape, our Managing Director, will be invaluable in ensuring the project and BFS proceeds as planned.
"The work schedule for the year is industrious, with central focus on the evaluation with CNOOC-NEI, of projects involving the conversion of our huge energy bank into high value clean fuels and industrial feedstocks, including our base case project comprising a 10 million barrel per annum coal to liquid plant and 560MW co-generation power facility.

Our teams project management experience, anchored on the implementation of proven engineering technologies, will be critical to the success of this project."
In his role of Senior Executive - Project Technology, Mr.

Fagiano will join Chris Lambert and Chris Schrape as Altonas representatives on the seven strong Arckaringa Joint Venture Management Committee, which is responsible for the conduct of the JV and takes decisions on all key matters unanimously.

Additionally, Mr.

Fagiano will support the work of the JV Operating Team.
Mr.

Fagiano is a chartered engineer with over 40 years experience in process industries world-wide.

In his ten years at Jacobs, Mr.

Fagiano has established the Process and Technology Division covering the Petrochemicals and Chemicals business sectors.

Mr.

Fagiano has completed major projects for BP, Chevron, Petrobas, Conoco Phillips, Shell, Statoil and Total amongst other international energy companies. Additionally, he established an independent technology company specialising in synthetic gas applications and developing technology from its own R&D facilities.
**ENDS**
For further information visit www.altonaenergy.com or please contact:
Christopher Lambert Altona Chairman Tel: +44 (0) 20 7024 8391 Christopher Schrape Altona Managing Director Tel: +44 (0) 20 7024 8391 Simon Edwards Evolution Securities Ltd Tel: +44 (0) 20 7071 4300 Tim Redfern Evolution Securities Ltd Tel: +44 (0) 20 7071 4300 Paul Youens St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177 Hugo de Salis St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177
Paul Youens St Brides Media & Finance Ltd Chaucer House 38 Bow Lane London EC4M 9AY T: +44 (0) 207 236 1177 | M: +44 (0) 7989 384 551 | F: +44 (0) 207 236 1188 | www.sbmf.co.uk
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