Bandanna Energy Limited (ASX:BND) Appoints John Pegler as Non-Executive Director

Brisbane, Australia (ABN Newswire) - Bandanna Energy Limited (ASX:BND) is pleased to announce that effective 1 January 2012, John Pegler will join the board as a non-executive director. John is very well known in the international coal industry. A mining engineer by training, he has worked for 39 years in open-cut and underground resource development, coal mining and processing operations, international and domestic coal marketing, project management and international procurement.

After service with BP (NYSE:BP) and Rio Tinto (ASX:RIO) in NSW, Queensland and Indonesia including roles at Managing Director level, he recently retired as Chief Executive Officer of Central Queensland open cut coal producer Ensham Resources Pty Ltd.

He was twice President and is an elected Life Member of the Queensland Resources Council.

His current roles include:

- Chairman of the Australian Coal Association (ACA)
- Chairman of ACA Low Emission Technologies Ltd
- Foundation Member of the Queensland Clean Coal Council
- Director of ERA Ltd, Australia's largest publicly listed uranium producer
- Director of WDS Ltd, a publicly listed contractor to the mining and gas industries

Bandanna's Chairman Jeremy Barlow said: 'We are delighted that John has accepted the invitation to join the board. He brings a wealth of coal industry experience with him and is highly regarded internationally. The company will benefit from his experience, wisdom and energy.'

About Bandanna Energy Limited:

Bandanna Energy Limited (ASX:BND) holds 11 Exploration Permits for Coal (EPC's) with applications for a further five (EPCA's), in the Bowen and Galilee Basins in Queensland. In addition the Company has conventional oil and gas exploration interests in the Cooper Basin of South Australia and Queensland and mineral exploration licences, primarily for oil shale in Queensland. Formerly known as Enterprise Energy Limited, in early October 2008 the Company completed a transaction involving the acquisition of the issued capital of Bandanna Coal Pty Ltd, a capital raising and a 1 for 10 share consolidation. The name change to Bandanna Energy Limited reflected the future emphasis on coal, the Bandanna Formation being a well known coal bearing geological unit within the Bowen Basin.

Source:

Bandanna Energy Limited

Contact:

Dr Ray Shaw
Bandanna Energy Limited
Tel: +61-7-3041-4400