Ptr Minerals Limited · ASX:PTR
Ptr Minerals — Petratherm — Australian Geothermal Energy Conference 2010
21 slides from Ptr Minerals's conference presentation, Nov 17, 2010
Slide 1: Presentation to the Australian Geothermal Energy Conference
ASX Release PETRATHERM LIMITED ABN 17 106 806 884 For personal use only Presentation to the Australian Geothermal Energy Conference Petratherm’s Managing Director, Terry Kallis will later today present to the annual Australian Geothermal Energy Conference in Adelaide. The attached presentation provi
Slide 2: Corporate and Projects Update
Petratherm For personal use only AGEC 2010 Adelaide Corporate and Projects Update Managing Director Terry Kallis November 2010
Slide 3: For personal use only
For personal use only
Slide 4: Disclaimer and competent persons statement
Disclaimer and competent persons statement For personal use only Disclaimer In particular, they speak only as of the date of this To the extent permitted by law, Petratherm and its This presentation has been prepared by Petratherm document, they assume the success of officers, employees, related bod
Slide 5: Presentation Overview
Presentation Overview For personal use only › Company overview › Paralana engineered geothermal system project › Tenerife conventional volcanic project
Slide 6: Petratherm overview
Petratherm overview For personal use only Our company MADRID & BARCELONA Direct use heat, EGS & hydrothermal › Leading Australian geothermal exploration and development company CHINA TENERIFE & Exclusive GRAN CANARIA Conventional exploration agreement › Projects spanning Australia, volcanic Spain an
Slide 7: Petratherm - Corporate and financial
Petratherm - Corporate and financial For personal use only Listed ASX:PTR › Shares on Issue: 111.7 m › Share Price: $0.14 › Market Cap: $ 15.64 m › Cash Position: $ 1.75m (31 Oct. 2010) › Shareholders: 3,655 shareholders › Minotaur Exploration 18.4 % › Australian Ethical Investments 5.1 % Paralana J
Slide 8: Sound business model
Sound business model For personal use only “To explore for and develop emission free geothermal energy projects that are commercially sustainable” › To develop a portfolio of quality geothermal energy projects › Explore both conventional and engineered geothermal systems – for power and heat › Find
Slide 9: Highly capable array of joint venture partners
Highly capable array of joint venture partners For personal use only › Beach Energy › Top four Australian ASX listed oil and gas company located in Adelaide and with interests in Australia, Europe and Africa › TRUenergy Geothermal › Wholly owned subsidiary of CLP group – listed on the Hong Kong stoc
Slide 10: Paralana Project located in northern Flinders Ranges
Paralana Project located in northern Flinders Ranges For personal use only 600 kms north of Adelaide in the SA heat flow anomaly: very high heat flow of ~ 113 ± 2 mW/m2 Close to the naturally occurring Paralana Hot Springs – heat from granites 10 kms to the Beverley Uranium Mine (MoU to supply power
Slide 11: Paralana joint venture arrangements
Paralana joint venture arrangements For personal use only › Beach Energy Farm-in (Jan 2007) for up to $28m for 36% plus equity share of project costs at every stage › First $5m for first well and $2.7m for stimulation – earns 21% › Contributes at 21% for second well and stimulation › After demonstra
Slide 12: Paralana joint venture and government grant arrangements
Paralana joint venture and government grant arrangements For personal use only › JV Projects stages › Demonstration of flows – two wells and circulation 1st well finished and temperature confirmed › Pilot plant – up to 7.5 MW › Commercial demonstration – up to 30 MW › $7m GDP grant is applied to d
Slide 13: Fracture stimulation programme – next stage of work
Fracture stimulation programme – next stage of work For personal use only › Injectivity test at base of well bore › Inject small volume of water to confirm fracture initiation and propagation › Small volume, minimal induced seismic risk › Fracture stimulation › Inject larger volume of water at highe
Slide 14: Paralana well summary
Paralana 2 well summary › For personal use only Depth 4003m (relative to ground level) › Well cased and cemented to 3720m › Extrapolated bottom hole temperature ~ 190oC › High pressure geothermal brines intersected from 3670m Casing Perforation › Zircon dating confirms old 1590Ma and reservoir seque
Slide 15: Regional community consultation – May 10-13, 2010
Regional community consultation – May 10-13, 2010 For personal use only Nepabunna › Petratherm and PIRSA › Port Augusta, Leigh Creek, Hawker, Nepabunna, Arkaroola and Quorn › Update on project and outline of next work stage – fracture stimulation Mike Malavazos › Consultation well received by commun
Slide 16: Paralana Project – commercial overview
Paralana Project – commercial overview For personal use only › Potentially commercially viable at all stages of development › Close (10kms) off grid local customer (5-30MWe) followed by large on grid development (260 MWe+) › Transmission rule changes to support low cost connection to market › Long t
Slide 17: Paralana project outlook for 2011 and beyond
Paralana project outlook for 2011 and beyond For personal use only Paralana JV project milestones › 4th Qtr 2010: Mini fracture program/fracture stimulation design › 1st Qtr 2011: Multi-zone fracture stimulation › 2nd half 2011: drilling of the Paralana 3 deep producer well › 2nd half 2011: Circulat
Slide 18: Spain – Enel Green Power deal and Tenerife volcanic project
Spain – Enel Green Power deal and Tenerife volcanic project › Joint development of all For personal use only electricity producing projects in Spain and Portugal › Direct and external exploration costs shared 50:50 › Tenerife is an active volcanic island, MT indicates a possible hydrothermal system
Slide 19: Tenerife – conventional volcanic project
Tenerife – conventional volcanic project For personal use only › Slim line 2km well (refer map) to test for a hydrothermal system, 50% PTR cost ~ $1.3m › Geochemistry indicates presence of a hydrothermal system of at least 240˚C › 50 MW development– targeting between 7 MW and 15 MW per production we
Slide 20: Petratherm - a standout in the Australian geothermal sector
Petratherm - a standout in the Australian geothermal sector For personal use only The Company is considered a standout amongst its peer companies in the ASX listed Australia geothermal sector because it has; › a unique exploration approach for identifying shallow “hot spots” that does not rely on in
Slide 21: www.petratherm.com.au
For personal use only www.petratherm.com.au
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