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News from the geothermal energy sector
AGEG meets PIRSA PDF Print E-mail
Tuesday, 01 May 2007
The Australian Geothermal Energy Group, AGEG, met at PIRSA in Adelaide on Wednesday 2nd. 

A number of resolutions were passed by those present, including an intention to fund an Advocate position, and for AGEG (or an evolution of AGEG) to affiliate with the International Geothermal Association.
 
Update on Petratherm's progress PDF Print E-mail
Monday, 30 April 2007
Terry Kallis gave a run-down of Petratherm Limited’s progress at the South Australia Resources and Energy Investment Conference on Tuesday 1st. By all accounts, the talk was very well received.
 
Torrens Energy heat flow in GEL-278 PDF Print E-mail
Sunday, 29 April 2007
Torrens Energy told the world that “the discovery of old well logs with the newly acquired GEL-278 has allowed temperature modelling to be completed to 5000 m, indicating very high heat flow…[, and]…the modelled heat reservoir can achieve 230°C” at that depth.
 
Adrian Williams addresses South Australian conference PDF Print E-mail
Sunday, 29 April 2007
Adrian Williams of Geodynamics addressed the South Australian Resources and Energy Investment Conference also on Monday 30th. 

A couple of other characters associated with geothermal energy companies also addressed the conference, but they were representing other entities so don’t score any recognition here.
 
Third quarter activity reports released PDF Print E-mail
Sunday, 29 April 2007
Today all the public companies released their third quarter activity reports. 

These can be found on the individual company websites.
 
Green Rock Energy announce new Director PDF Print E-mail
Sunday, 29 April 2007
On Thursday 26th April, Green Rock Energy announced they have appointed a new Director.
 
KUTh Energy activities update PDF Print E-mail
Thursday, 26 April 2007
Australia’s southernmost geothermal aspirant, Hobart based KUTh Energy, released an update of its activities in Tasmania. 

Kuth has a single 12,000+ km² tenement in eastern Tasmania (now THAT’s a tenement!), granted in 2006. The tenement includes thermally anomalous granites, interpreted to extend from the surface to greater than 5 km depth; a cover sequence thicker than 5 km in places, including economic coal measures; boreholes with heat flows up to 159 mW/m² (that’s higher than both Habanero and Paralana!) and high thermal gradients; the Tamar (electrical) Conductivity Zone, a large, deep anomaly which may be a brine filled shear zone— perhaps a natural hydrothermal geothermal system! 

As well as all that, KUTh has applied for tenements in other states; has raised $0.5m in seed capital, leading to an IPO later this year; is currently assembling a Board; is currently seeking existing drill holes >300 m deep for new heat flow measurements; and is planning an MT survey later in the year.
 
Green Rock Energy announced new Board appointment PDF Print E-mail
Thursday, 26 April 2007
Green Rock Energy announced the appointment of a new non-executive Director to its Board. 

Dr Jörg Baumgärtner is one of the world’s leading experts on Enhanced Geothermal Systems (or Hot Dry Rocks) and is actively involved in European geothermal projects at Landau (Germany) and Soultz (France).
 
Welcome to Hot Dry Rocks PDF Print E-mail
Wednesday, 25 April 2007

Hot Dry Rocks Pty Ltd is an Australian based geothermal exploration and development consultancy. Hot Dry Rocks specialises in locating and defining geothermal resources suitable to exploit for energy generation. Its strength lies in combining expertise in crustal heat flow measurement and modelling, engineered geothermal systems research and development, and petroleum and mineral exploration. Through its in-house expertise and strategic partnerships, Hot Dry Rocks offers a full range of services and advice from initial ground selection, exploration and resource assessment; through drilling, reservoir stimulation and appraisal; to economic resource modelling and full-scale development.

The principals of Hot Dry Rocks bring decades of experience and leading edge expertise in each of their specialisations to combine into a powerful expert team committed to exploration and modelling of geothermal resources:

  • Exploration
  • Rock Property Measurements
  • Project Development
  • Portfolio Management
  • Grant Applications
  • Research

Through a growing network of branch offices, Hot Dry Rocks is able to offer local personnel committed to helping companies achieve success in their exploration programs and fulfill their regulatory requirements.

 
Victorian Geothermal Tenements announced PDF Print E-mail
Wednesday, 25 April 2007
V-Day finally arrived!! The State of Victoria made the long-awaited announcement of winners in the first round of tenders for geothermal exploration licences in that state. 

Total area of the 13 permits awarded is 80,428 km², with a forecast expenditure of $77.6m. To be congratulated on their successful applications are: 

Greenearth Energy Ltd 
GEP06-30 [5000 km²]
GEP06-31 [5355 km²] 

Proactive Energy Developments Ltd [now Granite Power Ltd] 
GEP06-29 [8362 km²] 

Geogen Victoria Pty Ltd 
GEP06-14 [5788 km²]
GEP06-15 [6969 km²] 
GEP06-23 [5585 km²]

Hot Rock Ltd 
GEP06-19 [4659 km²]
GEP06-20 [3153 km²]
GEP06-22 [4742 km²]
GEP06-24 [5840 km²] 

Karoon Gas Australia Ltd 
GEP06-25 [8440 km²] 

Torrens Energy Ltd 
GEP06-16 [6932 km²]
GEP06-26 [9603 km²] 

Apparently Karoon Gas declined the invitation to take up GEP-6-25, so it will go to the next best bidder…to be announced.
 
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Newsflash

Geelong has potential to be a world leader in geothermal energy production

In the Geeolong Advertiser, on the 3rd of June, a story read that Geelong could top an international list of cities on geothermal goldmines. Greenearth Energy has announced an independent consultant's report ranked the greater Melbourne area as the number one in the world for hot energy below its surface. Geothermal energy consultancy Hot Dry Rocks conducted the report, taking data from a 100km radius of 40 international cities that were part of the C40 climate change leadership group.