| Petratherm announce next stage of devlopment |
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| Sunday, 03 June 2007 | |
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Petratherm Limited announced the start of work on the next phase of development for the Paralana Energy Joint Venture (with Beach Petroleum).
This phase involves the design of the two deep wells required for a circulation test, and the choice of an appropriate drilling rig. To help them they have enlisted the services of Australian Drilling Associates (Melbourne) and Global Power Solutions (Nevada).
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| Heat pump company and AGEA member Energy Core made the business news when it was awarded 1st prize in RMIT University’s business plan competition for 2008. The prize pool totaled $35,000. |
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