| Geodynamics drill rig leaves Houston |
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| Tuesday, 29 May 2007 | |
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Geodynamics Limited’s new drill rig left Houston by ship on Wednesday 30th May, bound for Brisbane. It was projected to arrive in Brisbane towards the end of June (no fresh word on this as of 1st July) and be on site at the Habanero project about 10 days later. |
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| In Reno Nevada (USA), the US Department of Energy announced up to US$78 million funding for twenty-one research, development and demonstration geothermal projects to promote Engineered Geothermal Systems. While none of this money will come directly to Australia, Australia will certainly benefit from the improved knowledge and technology that will flow from these projects. |