Bandanna Energy Limited is engaged exploration, project evaluation and development of thermal and pulverized coal injection (PCI) coal assets located in Queensland, Australia. The Company also has coal assets in both the Bowen and Galilee basins. The Company's projects include Springsure Creek Project; Dingo West- Exploration permit for Coal (EPC) 881, and South Galilee Coal Project - EPC1048, 1049, 1179, 1180. The Company owns and operates 100% of the Springsure Creek Project and Dingo West-EPC 881, while it owns 50% interest in the South Galilee Coal Project (SGCP). The Springsure Creek Project includes underground thermal coal resources of 768 million tons and is defined by the boundaries of Mining Lease Application (MLA) 70486, MLA 70501 and MLA 70502. The Company also has 100% interest in certain exploration projects, which include Arcadia-EPC 1742; Arcturus-EPC 1221; Carnarvon-EPC 1189 & Carnarvon South-EPC 1195; Denison– EPC 1140; Fernlee North-EPC 1185, and Gemini-EPC 1131.