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October 2011 version 1.0

International Coal Conference Presentation by Mr Bradley Green Managing Director Australasian Continental Energy. October 2011 version 1.0. AACE Board and Advisors. Australasian Continental Energy Board Members Domenic Martino Chairman Bradley Green Managing Director

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October 2011 version 1.0

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  1. International Coal Conference PresentationbyMr Bradley GreenManaging DirectorAustralasian Continental Energy October 2011version 1.0

  2. AACE Board and Advisors Australasian Continental Energy Board Members Domenic Martino Chairman Bradley Green Managing Director Shane Doherty Director Luke Martino Director Dr Martin Chapman Director Harry Spindler Company Secretary Advisors to the Board Colin Roberts Advisor Ahmad Sohail Pakistan Representative / Advisor

  3. Domenic Martino Chairman Resourcehouse Limited China First Coal Project Partners in this project • Metallurgical Corporation of China Limited • China Power International Holding • Sino-coal International Cokal Limited Pan Asia Corporation Limited Blue Energy Limited Sydney Gas Limited

  4. Bradley Green Managing Director of Australasian Continental Energy • Mining Economist • 20 years experience in the mining industry • Advisor to several large international mining companies

  5. Advisors Professor Colin Roberts • Chartered Mining Engineer • Resource Law & Policy • Foreign Investment Consul for Australia Ahmad Sohail • Chemical Engineer • Multi discipline experience • AACE’s representative in Pakistan

  6. Why the Thar Coalfields • Largest untapped energy resource in the Asian region The value of the Thar coal reserves is estimated to be equivalent to the oil reserves of both Saudi Arabia and Iran and could generate 100,000 MW of power for 300 years. • Export of coal based fuels potential Coal seam gas Coal to oil • Substantial feasibility and pre development work already undertaken • Power requirements for Pakistan • Investment incentives • Low sovereign and security risk • Technology transfer

  7. AACE’s project Coal Mining on Block IV • Has a measured and indicated reserve of 2.4 billion tonnes. • Area covered 82.5km2 • Initial production rate 6 million tonnes per annum increasing to 18 mtpa in 15 years Power Station • 1,100 MW increasing to 3,000 MW in 15 years Estimated total project cost • $US 3 billion

  8. AACE’s project 6 million tonne per annum coal mining operation

  9. AACE’s project 1,100 MW Power Station

  10. Mining equipment Main mining equipment • Bucket wheel excavators. • 3 BWE’s are required for the removal of overburden and 1 for the mining operation. • Total capital cost of the mining operation - $US1 billion est.

  11. Power generating equipment Main power generating equipment • Steam turbines, configuration 3 x 370MW or 2 x 650MW • Boilers • Water towers • Total capital cost for the power station - $US 2 billion est.

  12. Project Timeframe

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