Petratherm Ltd
ASX:PTR ISIN:AU000000PTR5
News
A new geothermal or "hot rock" energy joint venture potentially worth tens of millions of dollars has been announced between Petratherm Limited (ASX: PTR) and Beach Petroleum Limited (ASX: BPT).
There has been further endorsement of Petratherm Limited's emerging Paralana hot rock discovery in northern South Australia, with new data reinforcing the long-term heat potential for the geothermal field.
An Australian company has won the right to help China best determine if, how and where geothermal or "hot rocks" generated power can help service that country's emergence as the world's fastest growing market for electricity.
The operating Beverley uranium mine in South Australia may take future electricity supplies from a geothermal or "hot rocks" source in South Australia.
Australia's emerging geothermal energy sector has been boosted with confirmation from new tests that Petratherm's (ASX: PTL) South Australian exploration well has officially recorded one of the country's highest "hot rocks" temperatures at levels much closer to surface than previous such wells.
Geothermal or hot rock energy developer, Petratherm Limited (ASX: PTR), said today it had now successfully completed the drilling of the Paralana-1 well in the State's north, to the target depth of 1,807 metres.
Petratherm is pleased to announce that drilling began late Saturday 20th May, to deepen its promising geothermal well at Paralana.
Addressing the first day today of the "2006 Paydirt SA Resources @ Energy Investment Conference" being held in Adelaide, listed hot rocks specialist, Petratherm Limited (ASX: PTR), said resumption of drilling would commence at its Paralana-1 well within a fortnight.
The board of Petratherm Ltd (ASX: PTR) is pleased to announce the appointment of Mr. Terry Kallis as Managing Director effective from today the 1st May 2006. Mr. Kallis will be joining Petratherm following a very successful and highly regarded career in the Australian Electricity Industry both as a consultant and senior executive.
PETRATHERM LTD (ASX: PTR) - Market Briefing - Mr Peter Reid, MD & CEO; Boardroomradio is pleased to announce that PETRATHERM LTD (ASX: PTR) has published an audio file. The following presentation "PTR
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