Oracle Coalfields plc
LSE : ORCP

April 16, 2009 02:00 ET

Wardell Armstrong International appointed

                                                         
                                                         
                                                         
                                                                                     
                                                                                                        16/04/2009
                                                                                         GB00B23JN426/GBP/PLUS-exn
                                                         
                                               Oracle Coalfields PLC
                                                         
                                     Wardell Armstrong International appointed
                                                         
Oracle Coalfields PLC (PLUS: ORCP) ("Oracle" or "the Company"), the UK developer of the 1.4 billion tonne Block VI
coal  deposit  in  southern  Pakistan, is pleased to announce the appointment of Wardell  Armstrong  International
Limited to carry out the Environmental/Social Impact Assessment (ESIA), part of the Bankable Feasibility Study  on
the project.

Block  VI  is located on the Thar coalfield in the eastern Sindh province, and hosts a JORC-compliant resource  of
1.4 billion tonnes of which 371 million tonnes are in the proven category.

Shahrukh Khan, Chairman, Oracle Coalfields PLC commented:

"The  monies  recently raised means that the Bankable Feasibility Study is proceeding and I am  pleased  that  the
leading  international consultants, Wardell Armstrong International have agreed to carry out the ESIA  work.   The
initial phase of the ESIA, the Scoping Study, shall commence this month.

"This  is  another step in achieving our aim of bringing into production the very large resource within  the  Thar
coalfield."
                                                                                                     16 April 2009
                                                                                                                  
The Directors of the issuer accept responsibility for this announcement.

ENQUIRIES:

Oracle Coalfields PLC
Shahrukh Khan, Chairman
Telephone: +44 (0) 1366500722
Email: s.khan@oraclecoalfields.com

St Helen's Capital plc
Barry Hocken
Telephone: 020 7628 5582
Email: barry.hocken@sthelenscapital.com

Lothbury Financial
Michael Padley, Ron Marshman
Telephone: 020 7011 9411
michael.padley@lothburyfinancial.com
ron.marshman@lothburyfinancial.com


WEBSITE: www.oraclecoalfields.com

About Oracle:

Oracle  Coalfields plc is a London-based resource exploration and development company with an 80  per  cent  owned
subsidiary  (Sindh  Carbon Energy Limited) operating in Pakistan.  The Company's shares are  quoted  on  the  PLUS
markets (symbol: ORCP).

Oracle's  flagship  project  is  the Block VI coal project located on the Thar  coalfield  in  the  eastern  Sindh
province, Pakistan. Block VI hosts a JORC-compliant resource of 1.4 billion tonnes of which 371 million tonnes are
in the proven category.

The  Company also owns the Indus East coal project in Pakistan where a pre-feasibility study carried out by  Dargo
Associates has confirmed a JORC-compliant inferred resource of 365 million tonnes.

Contact Information

  • Oracle Coalfields plc