| Queensland's First Geothermal Permit Granted |
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| Monday, 02 June 2008 | |
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Queensland's First Geothermal Permit Granted The ABC rural Queensland news reported Queensland's first permit for geothermal energy exploration was issued on the 1st of June by the State Government to a New South Wales-based company. Managing director of "Granite Power" Stephen de Belle says it won thetender for its "Nagoorin" tenement near Gladstone about a year ago, butthe permit means they can now start drilling.. |
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| Panax Geothermal has revealed that it has been unsuccessful in its bid for a $5m ‘Climate Ready’ grant for its Limestone Coast project. PAX remains optimistic, however, that its application for funding from the GDP will succeed. |