| Victorian Geothermal Tenements announced |
|
|
|
| Wednesday, 25 April 2007 | |
|
V-Day finally arrived!! The State of Victoria made the long-awaited
announcement of winners in the first round of tenders for geothermal exploration
licences in that state.
Total area of the 13 permits awarded is 80,428 kmē, with a forecast
expenditure of $77.6m. To be congratulated on their successful applications are:
Greenearth Energy Ltd
GEP06-30 [5000 kmē]
GEP06-31 [5355 kmē]
Proactive Energy Developments Ltd [now Granite Power Ltd]
GEP06-29 [8362 kmē]
Geogen Victoria Pty Ltd
GEP06-14 [5788 kmē]
GEP06-15 [6969 kmē]
GEP06-23 [5585 kmē]
Hot Rock Ltd
GEP06-19 [4659 kmē]
GEP06-20 [3153 kmē]
GEP06-22 [4742 kmē]
GEP06-24 [5840 kmē]
Karoon Gas Australia Ltd
GEP06-25 [8440 kmē]
Torrens Energy Ltd
GEP06-16 [6932 kmē]
GEP06-26 [9603 kmē]
Apparently Karoon Gas declined the invitation to take up GEP-6-25, so it will go to the
next best bidder
to be announced.
|
| < Prev | Next > |
|---|
| Oz minerals will review its capital and oporational expenditure as a measure to shore itself against the economic turmaoil. The company has committed to the schedualed completeion of the Prominant Hill project, but the timing and strcture of all new projects will be reviewed. |