+ Petratherm + 01-Jul-2009 + Go Back

Petratherm to drill 4km-deep well.

Petratherm expects to complete drilling and a fracture stimulation program on the first well at its Paralana joint venture project, north of the Flinders Ranges, by March next year (2010). Petratherm's exploratory drilling results indicate Paralana, which covers 500sq km of known hot rock granite resources adjacent to the Mt Painter region, has the highest recorded heat flow of all geothermal projects on mainland Australia.

Source: The Advertiser 1 July 2009.