Geodynamics announced drilling of Savina 1 has reached 2300 meters. Making further progress, the construction of the Turbine Hall and Visitor Centre at Innaminka 1MW power plant are going well, with commission of the plant proposed for early 2009.
Greenearth going for a doubble wammy
Thursday, 13 November 2008
Greenearth Energy are looking to explore for carbon capture and storage (CCS) and geothermal resources at a site near a coal fired generator in the Latrobe Valley.
Obama goes green promting Australia to move it or lose it.
Wednesday, 12 November 2008
The Australian published an article promting the Rud Government to give the Geothermal and other green energies a "hefty kick along" warning that Australia might end up having to pay to import technologies that we let slip.
Oz minerals reviews expenditure
Monday, 10 November 2008
Oz minerals will review its capital and oporational expenditure as a measure to shore itself against the economic turmaoil. The company has committed to the schedualed completeion of the Prominant Hill project, but the timing and strcture of all new projects will be reviewed.
Geothermal Resources, drilling progress update
Thursday, 06 November 2008
Geothermal resources announced sound progess for the drilling of Frome 12, now approaching 1300 meters in depth. Temperatures are possitive with 78.5 degrees C at 1266 meters depth.
Greenearth Energy commence MT Survey
Wednesday, 05 November 2008
Greenearth Energy has announced the commencement of an MT survey allong the Bellarine Penninsula. The survey is being run to help define a conventional geothermal reservoir.
Panax, Extraordinary General Meeting
Monday, 03 November 2008
On the 3rd
of November, Panax announced to its share holders that an Extraordinary General
Meeting will be held on the 4th of December 2008 regarding the
merger of Panax and Osiris Energy.
Salary Structure
Friday, 31 October 2008
KUTh Energy Ltd reported the salary structure of new CEO David McDonald. Nothing is private in the world of public companies!
World Geothermal Congress 2015
Friday, 31 October 2008
AGEG, AGEA and NZGA (New Zealand Geothermal Association) have joined hands to submit an Expression of Interest to the International Geothermal Association to co-host the World Geothermal Congress in NZ and Australia in 2015. The 5-yearly WGC is the premier geothermal event in the world. The proposal is to hold short courses and field trips in the heart of the Taupo Volcanic Zone, the Conference in an east coast Australian city, then other field trips to Australia’s unique geothermal sites.
Unconditional Acquisition
Thursday, 30 October 2008
Panax Geothermal Ltd declared its proposed acquisition of Osiris Energy Ltd unconditional. Originally, the merger was conditional upon PAX raising a minimum of $20 million for development funding. The proposed merger remains subject to approval by the PAX shareholders.
Green Rock Energy Ltd announced the appointment of Mr Richard Beresford as a Non-Executive Director. Mr Beresford has 25+ years experience in the field of sustainable energy, especially assisting technology developers to establish and grow their business.
