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Geodynamics general meeting vote PDF Print E-mail
Wednesday, 19 December 2007

Geodynamics Ltd shareholders voted overwhelmingly at a general meeting on Wednesday 19th to accept the Origin Energy farm-in proposal announced on 29th October.

The deal gives Origin a 30% stake in the Habanero project.

 
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Newsflash

Jolokia 1 Drilling Progress 

On the 13th of May, Geodynamics Limited announced that the drilling of Jolokia 1 was progressing well, having reached a depth of 3,220 meters. Jolokia 1 is located ~9km from Habanero and is targeting fractured granites, that are known to be 10°C hotter than Habanero wells.