| EPI takes stake in Petratherm |
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| Sunday, 17 June 2007 | |
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Spain’s largest media group – with media, property and energy interests in the United Kingdon and Australia - has emerged as a potential key stakeholder in Petratherm. Petratherm announced today that Barcelona-based media and energy conglomerate, Editorial Prensa Iberica Communications [“EPI”], had taken an initial holding of just over 1% in the Australian hot rocks developer. |
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| The third official Statement of Geothermal Resources under the young Australian geothermal reporting Code has been released by Geodynamics Ltd. GDY have reported Inferred, Indicated and Measured Resources in the Cooper Basin, and an Inferred Resource in the Hunter Valley. The full Statement can be downloaded from GDY's website here. |