SOURCE: KAL Energy, Inc.

March 29, 2007 05:00 ET

KAL Energy, Inc. -- Introduces Key Operational Management

LONDON -- (MARKET WIRE) -- March 29, 2007 -- KAL Energy, Inc. (OTCBB: KALG) is pleased to introduce three key members of the team responsible for the ongoing coal exploration program currently being conducted in KAL Energy's concessions in North Eastern Kalimantan, Indonesia.

Jonathan O'Dell (56) is our British educated Senior Consulting Geologist who has already been heading up the on-site exploration team in Kalimantan for almost a year. With over 30 years' experience in the coal mining and exploration industry, he brings a wealth of geological knowledge and experience to the project, having most recently worked in the Middle East, Asia and in coalfields across Russia.

Mark Sinton (48) is our Operations Manager for the project. He has extensive opencast coal mining experience: in his last job he managed a large part of the mining operations at Kaltim Prima Coal (KPC) in Kalimantan. The KPC Kalimantan mine is the world's largest single exporter of thermal coal, targeted to produce 45 million tons this year. He brings an invaluable mix of decades of production and operational experience to the team.

Pat Carroll (67) is our in-country General Manager who brings a wealth of local and exploration experience to the project. Pat has over 40 years' experience in the mining and drilling industries throughout Asia, undertaking numerous large-scale exploration, sampling and drilling programs, often in remote areas.

"We are extremely happy with the caliber of our highly experienced exploration and production professionals that have been assembled to implement our work program," stated Cameron Reynolds, KAL Energy's CEO. The work program includes over 5700m of deep drilling, with 57 holes planned at depths ranging from 50m to over 200m. A further 40 shallow holes, under 10m, have been drilled to confirm the known surface coal out cropping.

KAL Energy's wholly owned subsidiary Thatcher Mining Pte. Ltd. has the rights to two coal concessions situated near the Mahakam River in North Eastern Kalimantan, Indonesia. This river is a main transportation system for transporting coal to nearby markets. Consulting Geologist, Jonathan O'Dell, has estimated that blocks 16 & 24 could contain over 192,000,000 tons of thermal coal. Today Indonesia is the leading exporter of thermal coal and export prices vary from $30.00 to $60.00 plus per ton. For more information on KAL Energy, Inc. please visit our web site at www.kalenergyinc.com

Contact Information

  • KAL ENERGY, INC.
    Cameron Reynolds
    CEO
    KAL Energy, Inc. ("KALG")
    93-95 Gloucester Place
    London
    W1U 6JQ
    Telephone: 44 207 487 8426
    Fax: 44 207 487 8402