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Hot Rocks or Big Bollocks? |
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Wednesday, 02 May 2007 |
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The AGEG meeting was alluded to in The Australian newspaper the following day, on Thursday 3rd, in an article that began “HOT rocks or big bollocks?” The article gave a very interesting, balanced and considered view of the industry by an “outsider”, particularly the prospects (in all senses of the word) of the listed companies.
The article was generally supportive of the industry but paid out on some players with some slightly negative comments.
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Tuesday, 01 May 2007 |
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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.
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Update on Petratherm's progress |
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Monday, 30 April 2007 |
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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.
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Torrens Energy heat flow in GEL-278 |
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Sunday, 29 April 2007 |
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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.
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Adrian Williams addresses South Australian conference |
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Sunday, 29 April 2007 |
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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.
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Third quarter activity reports released |
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Sunday, 29 April 2007 |
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Today all the public companies released their third quarter activity
reports.
These can be found on the individual company websites.
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Green Rock Energy announce new Director |
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Sunday, 29 April 2007 |
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On Thursday 26th April, Green Rock Energy announced they have appointed a new Director.
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KUTh Energy activities update |
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Thursday, 26 April 2007 |
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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.
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Green Rock Energy announced new Board appointment |
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Thursday, 26 April 2007 |
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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).
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Wednesday, 25 April 2007 |
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Hot Dry Rocks Pty Ltd is Australia's leading 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. |
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