[LINK] clean aussie power
stephen at melbpc.org.au
stephen at melbpc.org.au
Wed Jan 28 20:00:57 AEDT 2009
http://www.australianinvestor.com.au/news.asp?id=37367
> Stockmarket News .. [TEY] Heat Flow Results Returned .. 28-Jan-2009
Torrens Energy has announced high recorded heat flow return from drilling
in late 2008.
The company has reported that the Port Augusta result is highly
significant coming in above Torrens 90 mW/m2 target. Ongoing exploration
activity is supported by a matching $3 million Federal Government grant
under the Federal Government REDI program.
--
Re: http://www.torrensenergy.com/
Torrens Energy Limited (TEY) listed on the ASX in March 2007, raising
$6M. Due to overwhelming investor interest, the offer .. was heavily
oversubscribed.
Torrens has created an exceptional opportunity to generate sustainable,
renewable, emissions-free geothermal energy and become a dominant player
in efficient, reliable electricity generation.
The Company has been granted a large geothermal tenement holding in areas
close to Adelaide in South Australia.
The selected areas are known for high heat flow and coincide with the
overlying insulating sedimentary cover required for high temperatures to
accumulate.
In addition, and unique to Torrens, these highly prospective areas are
located on the National Power Grid, close to large energy markets and
infrastructure.
Heat flow modeling shows great promise
The discovery of old well-logs from a 754m petroleum well has confirmed
the excellent exploration potential of the Torrens Project area.
The logs showed a very high bottom hole temperature of 57°C. Using heat
flow estimates ( view diagram here) and existing open file geological
data temperature modelling has been completed to 5000m. The modelled heat
reservoir indicates high heat flow, reaching 230°C at full depth, well
within the range required for commercial power generation.
For this location the heat flow estimate is 106mW/m², comparable to the
Cooper Basin in the north of South Australia and well above the Companys
stated target of 90mW/m².
The Companys stated results have been independently checked and verified
by Hot Dry Rocks Pty Ltd, Australias leading geothermal consulting firm.
--
Note: Usual disclaimer, NO financial association with ANY such company,
(perhaps unfortunately .. unless my super fund have shares (?) hope so :)
Cheers people
Stephen Loosley
Victoria, Australia
More information about the Link
mailing list