We will see a maiden JORC compliant estimate of resources for...

We will see a maiden JORC compliant estimate of resources for the Penrhyn deposit in coming weeks.

http://au.finance.yahoo.com/news/Southern-Coal-Holdings-bwaunz-83586389.html?x=0

Southern Coal Holdings Appoints Wayne Rossiter Chief Executive Officer

Press Release Source: Evergreen Energy Inc. On Wednesday 6 July 2011, 17:15 EST

DENVER--(BUSINESSWIRE)-- Evergreen Energy Inc. (NYSEArca:EEE) and WPG Resources Limited (ASX:WPG.AX) appointed Wayne Rossiter as the Chief Executive Officer of Southern Coal Holdings (SCH), the joint venture established to produce K-Fuel? in Australia using Evergreen?s coal upgrading technology.

Ilyas Khan, Executive Chairman of Evergreen Energy, stated: ?We are very pleased to have an executive with Wayne?s experience and capabilities to lead this exciting venture. His mining engineering background, coupled with his extensive accounting and finance skills, offers a valuable understanding of both operational and boardroom risks. We look forward to working with Wayne and developing the overall resources within Southern Coal Holdings.?

Bob Duffin, Chairman of WPG Resources, stated: ?Wayne?s broad management skills and his understanding of the coal sector will be an asset to SCH. His appointment is an important milestone in the realization of our vision of converting vast untapped coal resources into viable energy to service the growing energy demands of the Asian marketplace.?

Wayne Rossiter stated, ?I am excited about the opportunity to lead SCH in this phase of its development. The strategic combination of coal assets and upgrading technology is entering the market at an opportune time and I intend to leverage my 20 years? experience leading natural resources companies to guide SCH as we build the first K-Fuel? plant in Australia and create a company that will be of significance to both WPG and Evergreen.?

Wayne Rossiter, 42, is both a mining engineer and a chartered accountant. Most recently, Rossiter served as CFO and remains a Director of Clean Global Energy Limited, an international energy company that can produce Syngas for use in heating, power generation and the production of chemicals, fertilizers, ultra clean diesel and aviation fuels. Prior to that position, he held senior finance and management roles in significant resource companies including Core Mining, Sino Gold Mining, Cockatoo Coal and Roc Oil. Rossiter has knowledge and experience in transitioning companies from the exploration stage through to development and into production. His global range of experience includes coal seam gas operations with Planet Gas in the Powder River Basin in Wyoming, USA. Conventional oil and gas experiences were gained through his time with Novus Petroleum, operating in Australia, Indonesia, the USA, and the Middle East, and with Roc Oil Company Ltd, with projects in the UK, China, Australia and Africa.

Wayne Rossiter's academic qualifications include a Bachelor of Mining Engineering with honors from the University of New South Wales, a second Major in Accounting at Sydney's University of Technology, and a Masters in Accounting through the Australian Institute of Chartered Accountants. His Masters of Finance was completed at Macquarie University. Rossiter is a Member of the Australasian Institute of Mining and Metallurgy, a Member of the Australian Institute of Chartered Accountants and a Graduate Member of the Australian Institute of Company Directors.

Southern Coal Holding (SCH), based in Sydney, is a joint venture between equal partners, WPG Resources Limited (ASX:WPG.AX) whose core business is iron ore, and Evergreen Energy Inc. (NYSEArca:EEE), which developed the K-Fuel? technology.

SCH holds substantial coal assets in South Australia including the sub-bituminous and lignite coals located at the Penrhyn and Lochiel project areas. Using the K-Fuel? process, the calorific value of such coals can be substantially upgraded creating an enhanced value product with reduced greenhouse gas emissions and other environmental benefits. Under the terms of the joint venture agreements SCH holds the exclusive license for the first 15 million tonnes per annum of K-Fuel? produced anywhere in Australia and has the first right of refusal to participate in production of K-Fuel? in excess of this amount.

A maiden JORC compliant estimate of resources for the Penrhyn deposit is expected to be completed by SCH in the coming weeks.