Bandanna Energy Limited (Bandanna) is an Australia-based coal exploration company. Bandanna is principally engaged in the exploration for coal in the Bowen and Galilee Basins in Queensland. Its core activities are exploration, project evaluation and development of thermal and pulverized coal injection coal (PCI) coal assets located in Queensland, Australia. Bandanna is a 14% shareholder in Wiggins Island Coal Export Terminal (WICET) Stage 1 at Gladstone. The Company has 1,650 million tones of Joint Ore Reserve Committee (JORC) compliant Resources and Reserves within its portfolio. As of June 30, 2012, the Company held 100% interests in five oil shale tenements; EPM 16553 (Mt Bison), EPM 16666 (Toolabuc), EPM 16668 (North Proserpine), EPM 16667 (South Duaringa) and EPM 17567 (Plevna). The Company�s Springsure Creek is the major development project in the Bowen Basin. In July 2013, Bandanna Energy Ltd announced that it has sold its interest in WICET Holdings Pty Ltd.