[LINK] Hot Rocks

[stephen at melbpc.org.au]

Tom writes,

> Geothermal hotrocks are good.


Yes .. and today ..

> From:   "Geodynamics Limited" <WebReject at geodynamics.com.au> 
> Date:   Mon, 04 Apr 2011 09:51:15 +1000 
> Subject:   Origin and Geodynamics commence Shallows drilling campaign 
 

ASX Release 
 
4 April 2011 
 
Origin and Geodynamics commence Shallows drilling campaign  
 
Celsius 1  Progress and Status:  

Origin  Energy  Geothermal  Pty  Ltd,  on  behalf  of  the Innamincka  
Shallows  Joint Venture,  advises  that  Rig  100  has commenced drilling 
the Celsius 1 geothermal exploration well in  GRL8  (Geothermal  
Retention  Licence)  in  the  Eromanga Basin, approximately 18 kms south-
west from the township of Innamincka in northern South Australia. 
 
Celsius  1  is  the  first  of  two  exploration wells  in  this  permit 
designed  to  assess  the  potential  of  the  Hot  Sedimentary Aquifer 
(HSA) resource within the Eromanga Basin sediments.  

These  wells  will  assess  parameters  including  temperature, porosity 
and permeability at various depths.  
 
Origin believes that the Shallows HSA play has the potential to 
complement  the  prospectivity  of  the  Enhanced  Geothermal 
System  (EGS)  play,  which  it  is  concurrently  pursuing  with 
Geodynamics via the Innamincka Deeps Joint Venture. 
 
Origin  intends  to  issue  a  release  to  the  ASX  at  the 
commencement and completion of drilling activities  for each 
of  these  wells,  or  in  the  event  that  material  information 
regarding the wells becomes available. 
 
Following  the  two-well  program  in  GRL  8  Origin  will  drill  a 
further well within its 100% owned permit, GEL 185, with the 
same objectives.  
   
Well type and location:  Geothermal  exploration well,  permit GRL8,  
Eromanga  Basin, South Australia 
 
Celsius  1  is  being  drilled  as  a  vertical  well  to  intersect  the 
Hutton  Sandstone  at  a  prognosed  vertical  depth  of  2,140 
metres  sub-sea  (2,196 metres  MDRT#).   Total  depth  for  the 
well  is  planned  to  be  2,341  metres  sub-sea  (2,397  metres 
MDRT). 

Participating Interests:  Origin Energy Geothermal Pty Ltd* (Operator) – 
50%  Geodynamics Limited (ASX: GDY) – 50%  
     
About Origin Energy 
 
Origin Energy is Australia’s leading integrated energy company focused on 
gas and oil exploration and production, power generation and energy 
retailing. Listed in the ASX top 20 the company has approximately 4,400 
employees and is a leading producer of gas in eastern Australia. Origin 
is Australia’s largest energy retailer servicing 4.6 million electricity, 
natural gas and LPG customer accounts and has one of the country’s 
largest and most flexible generation portfolios with more than 5,800 MW 
of capacity, through either owned generation or contracted rights. 

Origin’s strategic positioning and portfolio of assets provide 
flexibility, stability and significant opportunities for growth across 
the energy industry. Through Australia Pacific LNG, its 50:50 
incorporated joint venture with ConocoPhillips, Origin is developing one 
of Australia’s largest CSG to LNG projects based on Australia’s largest 
CSG reserves base. 
 
In New Zealand, Origin is the major shareholder in Contact Energy, the 
country's leading integrated energy company, operating geothermal, 
thermal and hydro generation facilities and servicing electricity, gas 
and LPG customers across both the North and South islands. Origin also 
operates several oil and gas projects in New Zealand and is one of the 
largest holders of petroleum exploration acreage in the country. 
 
Origin has a strong focus on ensuring the sustainability of its 
operations, is the largest green energy retailer in Australia and has 
significant investments in renewable energy technologies. 
 
For more information go to www.originenergy.com.au 
--

Cheers,
Stephen
Nb, $0 connection