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Mantra Bay geothermal development news |
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Monday, 17 December 2007 |
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At the cooler end of the geothermal spectrum, the Mantra Deep Blue geothermal spa
development at Warrnambool in Victoria moved a step closer to full business on
Monday 17th with the tapping of its first well.
The well reportedly flows 46°C water at
30 litres per second from the Dilwyn aquifer 800 m underground. The water will be
used in the resort’s private baths and 200 hydronic heating radiators.
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Green Earth Energy IPO close date |
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Friday, 14 December 2007 |
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Greenearth Energy Ltd opted to extend the closing date on its IPO by
a week, to Friday 21st.
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Hot Rocks Ltd begin trial magneto-tellurics (MT) survey |
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Thursday, 13 December 2007 |
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Hot Rock Ltd began a trial magneto-tellurics (MT) survey over parts of its licence
areas in the Otway Basin region of Victoria on Thursday 13th.
HRL is hoping the MT
survey will help it identify fractured sections of the Pretty Hill Formation that “can be
expected to be permeable and likely to provide high flows of hot water when drilled.”
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Wednesday, 12 December 2007 |
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Uranoz Ltd officially changed name to Panax Geothermal Ltd.
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Torrens awarded another GEL |
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Tuesday, 11 December 2007 |
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Torrens Energy announced that it has been awarded its 17th
exploration licence.
GEL 293 covers a large portion of Port Adelaide and the Pelican
Point area in South Australia, on the fringes of Adelaide itself…potentially “a prime site
for a desalination plant to help meet Adelaide's critical water needs.”
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Torrens heat flow drilling news |
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Friday, 07 December 2007 |
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Torrens Energy released
some early news from its heat flow drilling program north of Port Augusta, South
Australia.
TEY have discovered high heat flow (90 mW/m2) just 15 km from the power
grid, “confirming the presence of an active heat producing basement and validating the
Company’s exploration model in South Australia.” This news off-set TEY’s disappointment that re-entry of an old oil well revealed lower heat flow than suggested
by an original Government temperature log (see HDRPL Newsletter #07).
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Friday, 07 December 2007 |
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Downer EDI announced that it is selling Century Resources to
oilfield services company MB Holding in a deal spaced over the next three years.
Depending on MB Holding’s plans, this deal could indirectly impact the Australian
geothermal industry because Century Resources is a specialist in geothermal drilling
with a fleet of rigs in the Asia Pacific region.
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WA Geothermal availablity |
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Thursday, 06 December 2007 |
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The Western Australian Government announced on Thursday 6th that legislation
paving the way for a geothermal industry in Western Australia has been passed by both
Houses of State Parliament.
The amendments to the Petroleum Act (1967) will be
proclaimed later in December. The first geothermal exploration tenements will be
released for competitive tender sometime in 2008, covering the coastal and adjacent
inland areas from Geraldton in the north, to Busselton in the south.
The opening up of
WA almost doubles the land now available for geothermal exploration in Australian!
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Habenero 3 completion revision |
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Thursday, 06 December 2007 |
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Geodynamics Ltd released a revise prognosis for the completion
of Habanero #3.
GDY now expects to complete the well in the second half of January
2008. To address lower than expected rates of penetration, GDY plans to trial a number
of different bits and install a down hole motor to mitigate vibration.
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Tuesday, 04 December 2007 |
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On Thursday 8th, Petratherm Ltd declared the next step in its mission of world domination, with the granting of PTR’s fifth geothermal exploration licence in Spain.
The new “Almazan” licence lies about 250 km NE of Madrid.
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