Hot Dry Rocks Pty Ltd

'Measured Geothermal Resource' Announced

Monday, 23 February 2009
The Australia’s first ‘Measured Geothermal Resource’ for a hot sedimentary aquifer geothermal play has been announced in an updated resource statement by Panax Geothermal. The Measured Resource of 11,000 PJ lies in the Penola Trough in GEL 223 in South Australia. PAX also announced that GEL 223 holds 32,000 PJ of ‘Indicated Resource’ and ’89,000 PJ’ Inferred Resource.

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