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GRE release update on flow tests PDF Print E-mail
Friday, 16 March 2007
Things went very quiet for a couple of weeks. Some might say “too quiet.” Then on Friday 16th, Green Rock Energy released an update on flow tests from their Ortahaza Project in Hungary. 

Bottom-hole temperature at Ortaháza No 5 was confirmed at 146°C. Flow was enhanced through acidification of the carbonate reservoir and is considered suitable for supply of energy for direct heat but insufficient for commercial electricity power production.

This means that GRK’s World Bank insurance policy kicks in and they should get back most of the money they spent on the testing.
 
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