KAL Energy Inc. (OTCBB: KALG)


Overview

KAL Energy Inc. (OTCBB: KALG), through its wholly owned subsidiary Thatcher Mining Pte., 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. This region has been an active coal exporter since the 1990s, and in 2004 Indonesia passed Australia as the largest exporter of thermal coal. Governmental signing was achieved on Sep. 14th, 2006. Title & Ownership structure has been extensively reviewed by HHP, the in-country affiliate of Baker & McKenzie International.

Thermal Coal Project

The Thermal Coal Project has been geologically estimated to contain an available resource of 192,000,000 tons coal in the surface seam. This takes into account coal within 1 km of the recorded outcrops and assumes no other seams. The project is situated near the Mahakam River in North Eastern Kalimantan, Indonesia. Previous testing has indicated that this coal has a low ash and sulphur content, which is preferable over some other coals due to its usability for environmentally friendly electricity generation.

KAL Energy is already in discussions with end customers and strategic coal traders for this specific coal product. The current plan is produce and ship 200k tonnes to these customers in 2nd half 2007, and to scale production to 5 Mt/yr within 4 years, and long-term production rate of 15 Mt/yr.

The Phase 1 Drill Program includes extensive drilling, trenching, sampling and mapping of known geological structures, and exploration of unknown structures.

The two key objectives of this program are:

  • To further define the known seams to * JORC Compliant inferred resource status, and
  • Explore other prospective areas of our concessions for additional resources
  • *JORC Compliance is a standard used to establish proven reserves

Upon successful completion, KAL Energy expects to raise further capital in 2nd half for Phase 2 Drilling and the bulk sampling program.

In addition, Kal Energy has begun a general infrastructure upgrade on the block to enhance access and support the exploration program. This includes access road upgrades, and the construction of a camp to support the work force.

Drill Rigs Arrive On Site

KAL Energy announces on March 7 that all of the heavy equipment for its $2,000,000 work program has arrived and is on site. Construction of the camp and all facilities for the 65 man workforce is near completion. This will provide for more efficient living and working quarters as Kal Energy increases its workforce for drilling and future mining operations on the property.

Five drill rigs are on the property and fully operational. Initial drill results are expected by March 15, 2007. Previous samples have demonstrated that the quality of Kal Energy's thermal coal deposits contain very low sulphur and ash content -- suitable for electricity generation. This is consistent with other coal producing companies' deposits in Indonesia.


Disclosure: Pentony Enterprises LLC was compensated 30,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.

Management

Cameron Reynolds

CEO

Cameron has for the past 13 years been involved in the running of a number of high growth mining and biotech companies in the UK, US, Canada and Australia; which include Southern China Group, Probio International and Integrated Coffee Technologies. Cameron has extensive experience in the management, structuring and strategic planning involved with start-up and early stage companies. Cameron is a founding partner of Empress Ventures, a boutique venture capital firm with offices in California, New York, London and Australia. He is also a director of Carbon Mining and has served on the boards of Great Bear Resources plc and Canyon Copper Inc. Cameron holds a Bachelor of Commerce degree and an MBA from the University of Western Australia.

Jorge Nigaglioni

CFO

Mr. Nigaglioni has over 12 years of experience in accounting and finance roles with PricewaterhouseCoopers and Agilent Technologies. In his last two years at PwC he was involved in auditing and consulting for startup companies. As a Controller at Agilent, he was involved in turning around two divisions to profitability. Mr. Nigaglioni has a Bachelor’s of Science degree in Business Administration from Bryant College and an MBA from the University of Wisconsin-Madison

David Pope

COO

David has over 15 years in the Environmental Services field with technical and leadership roles in Environmental Companies and a for the last 10 years at Shell Group. Recently, David led the formation of a Global Environmental Services group that standardized processes and systems, focused and consolidated skill pools and leveraged Global Supplier relationships driving strategic initiatives into the business. David holds a degree in Mechanical Engineering with further studies in Environmental Engineering, Business and Leadership areas.

Board of Directors

Strato Malamas

Non-Executive Director

Mr. Malamas was President and Director of KAL Energy, Inc. prior to the acquisition of Thatcher Mining. Since 1983, he has been a licensed realtor involved in property development, sales and management. Mr. Malamas has been the principal of Brooklyn Property Management Limited, a private real estate management company, since 1984. He has also acted as president a director of GoEnergy, Inc. a private, exploration stage oil and gas company since 2001.

Laith Reynolds

Chairman

Laith has over 30 years' experience in mining and related markets. During the 1970's, his particular area of expertise was the acquisition and restructuring of mining districts and companies in the US, Western Canada, Australia, China and Africa. In April 2004, Laith was involved in the IPO of Asia Energy plc on the AIM Market, which raised over £11 million. In his position as Executive Director and Chief Executive Officer, Laith was responsible for the launch of final feasibility studies and mine design of the Phulbari coalfield and electricity generation project in Bangladesh.

Andrew Caminschi

Executive Director

Over the past 15 years Andrew has held leadership positions in start-up and corporate enterprises, including over five years at HP/Agilent in the San Francisco Bay Area. Andrew has worked in Europe, Australasia and the US and has a consistent track record of driving rapid, profitable growth in emerging businesses. Andrew is a founding partner of Empress Ventures, a boutique venture capital firm with offices in California, New York, London and Australia. He is also a director of Mining House Ltd, AIM Corporate Finance and Magellan Copper and Gold. Andrew holds an MBA in International Finance and a Bachelor's degree in Computer & Mathematical Sciences from the University of Western Australia.


Disclosure: Pentony Enterprises LLC was compensated 30,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.

Quotes & News

Disclosure: Pentony Enterprises LLC was compensated 30,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.

Contact Info

KAL Energy, Inc.
93-95 Gloucester Place
London, W1U 6JQ
United Kingdom
Phone:
+44 20 7487 8426
Fax:
+44 20 7691 9725 (direct)
Email:
Website:
www.kalenergyinc.com

Disclosure: Pentony Enterprises LLC was compensated 30,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares.

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