GEODYNAMICS
L I M I T E D ABN 55 095 006 090
SUITE 6 LEVEL 1 19 LANG PARADE PO BOX 2046 MILTON QUEENSLAND 4064 AUSTRALIA
TEL +61 7 3721 7500 FAX +61 7 3721 7599 EMAIL [email protected]
ASX ANNOUNCEMENT 18 MARCH 2008
Jolokia 1 spudded
Geodynamics is pleased to announce that Jolokia 1 was spudded early this morning
and had drilled 45 metres at 6 am with an initial rate of penetration of 10-20 metres
per hour. The well is being drilled 610 mm diameter to 580 metres for this section
being the first casing point.
Rig 100 rigged up at Jolokia 1 with five inch drill pipe in the foreground
Rig 100 with “turkey’s nest” pond holding rig site water supply
Jolokia 1 is located approximately 9 km from Habanero and is targeting fractured
granites at a similar depth known to be 10°C hotter than the Habanero wells. Its
target well depth is 4,250 metres.
As for Habanero 3, Geodynamics intends to provide the market an update on drilling
progress at Jolokia 1 approximately every two weeks. For further information please
check our website (www.geodynamics.com.au) or contact Mr Gerry Grove-White or
Paul Frederiks on + 61 7 3721 7500.
Gerry Grove-White
Managing Director
Participants in Jolokia 1 and the Innamincka Joint Venture are:
Geodynamics (Operator) – 70%
Origin Energy Geothermal Pty Ltd* – 30%
*A wholly owned subsidiary of Origin Energy Limited (ASX:ORG)
- Forums
- ASX - By Stock
- RNE
- jolokia 1 spudded
jolokia 1 spudded
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNE (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.001(11.1%) |
Mkt cap ! $3.630M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $3.405K | 764.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 8469440 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4218211 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 8469440 | 0.004 |
15 | 5781358 | 0.003 |
6 | 3519586 | 0.002 |
6 | 10800004 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4218211 | 9 |
0.006 | 6857557 | 7 |
0.007 | 1456940 | 4 |
0.008 | 849165 | 4 |
0.009 | 709176 | 1 |
Last trade - 15.57pm 30/07/2024 (20 minute delay) ? |
Featured News
RNE (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online