The Pera-Lakkos coal located on top of bauxite deposits in the Ghiona mining district (Central Greece), is the only known Mesozoic (Late Cretaceous) coal in the country. It was derived from herbaceous plants and algae growing in mildly brackish mires that formed behind a barrier system during a regression of the sea, on a karstified limestone partly filled in with bauxitic detritus. Petrological, mineralogical and geochemical data point to the predominance of reducing conditions and intense organic matter degradation in the palaeomires. O/C vs. H/C and OI vs. HI plots, based on elemental analysis and Rock-Eval data, characterize kerogen types I/II. This reflects the relatively high liptinite content of the coal. Besides kerogen composition, O/C vs. H/C plot for the Pera-Lakkos coals is in accordance with a catagenesis stage of maturation in contrast with vitrinite reflectance and T(max) from Rock-Eval pyrolysis, which indicate the onset of oil window maturation stage. Suppression of vitrinite reflectance should be considered and the high liptinite content corroborates this hypothesis. Despite some favourable aspects for petroleum generation presented by the Pera-Lakkos coal, its maximum thickness (up to 50 cm) points to a restricted potential for petroleum generation. Coal oxidation took place either during the late stage of peat formation, due to wave action accompanying the subsequent marine transgression, or epigenetically after the emergence of the whole sequence due to percolation of drainage waters. Both options are also supported by the REE shale-normalized profiles, which demonstrate an upwards depletion in the coal layer. Oxidation also affected pyrite included in the coal; this led to the formation of acidic (sulfate-rich) solutions, which percolated downwards resulting in bleaching of the upper part of the underlying bauxite. (C) 2009 Elsevier B.V. All rights reserved.