Tuesday 23 September 2008

Drilling rig deal key to SA geothermal plant

Courier Mail
Thursday 4/9/2008 Page: 63

ANOTHER large drilling rig will be in operation in Australia early next year attempting to help commercialise a geothermal energy play. Petratherm and partners Beach Petroleum and TRUEnergy will source the LeTourneau Lightning rig being built in Dubai from Waterford Drilling International Australia to sink two 4km holes on its Paralana project in South Australia. Petratherm hopes to have a heat exchanger capable of carrying superheated water between the two wells by early 2010, to supply electricity to the Beverley Uranium Mine.

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