GRK 0.00% 0.2¢ green rock energy limited

announcement out

  1. 733 Posts.
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    Great news on a really bad day.

    GEOTHERMAL ENERGY COMPANY, Green Rock Energy Limited,
    (ASX code: GRK), is pleased to announce the appointment of three leading
    renewable energy consultants to assist the Company in identifying, evaluating and
    developing commercially based geothermal energy projects in Australia and
    overseas.

    Green Rock Energy utilises the services of a limited number of specialists, with
    global experience in their respective geothermal / renewable energy fields, to provide
    the Company with the best available knowledge and expertise without the significant
    cost and administration that would come with direct employment during the
    Company’s early stages of growth.

    The three consultants are:

    Roy Baria – a geophysicist with specialities in seismic profiling and geothermal
    reservoir engineering. He is a director of MIL-TECH UK and Hot Dry Rocks Pty
    Ltd and was formerly Deputy Director of the U.K. Geothermal Project at
    Rosemanowes, England, and Scientist in Charge of the Soultz Geothermal project
    in Soultz-sous-Forêts, France. Roy worked alongside Green Rock Energy’s non-
    executive director, Jörg Baumgärtner at the Soultz geothermal project, the
    foremost Enhanced Geothermal System project in Europe.
    Ian Campbell – former Senator in the Australian Federal Government and most
    recently Federal Minister for the Environment. In this capacity he administered a
    range of government programs providing support to renewable energy industries.
    Ian served in various executive positions in the Senate from 1996, including
    Parliamentary Secretary to the Treasurer, Minister for Local Government,
    Territories and Roads, Minister for the Environment and Heritage and Minister
    for Human Services.

    Jeff Harding – former CEO of Pacific Hydro Limited, one of Australia’s leading
    renewable energy companies. Jeff oversaw the successful completion of the Ord
    River Hydro Electric project in Western Australia, the Bakun Hydro Electric
    development in the Philippines, the successful entry of Pacific Hydro into wind
    energy projects in Australia and hydro electric projects in Chile.

    The Company’s Managing Director, Adrian Larking, said "We are very pleased that
    three such experienced and senior people associated with renewable energy have
    agreed to work with Green Rock Energy. The consultants will provide their services
    to the Company on both an individual and collective basis. This is a flexible
    arrangement that will enable the Company to obtain the maximum benefit from their
    knowledge and operational experience, obtained at the highest levels in their different
    fields of renewable energy, which will complement that of Green Rock Energy’s
    management and board.

    The Company is well positioned to undertake both the deep drilling at our Olympic
    Dam Geothermal Energy Project at Olympic Dam, following the mini-fracture
    program that will occur later this year, and progress the Hungarian Geothermal
    Project with the imminent selection and subsequent production testing of the second
    site in the Pannonian Basin of Hungary”.

    My take.
    Great to see some more really high calibre people on the case.
    Apart from the markets getting belted which won't last forever, these people add tremendously to the team.
    cheers
    omg
 
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