Havilah Resources Limited · ASX:HAV
Havilah Resources — Geothermal Resources — Australian Geothermal Energy Conference 2009
24 slides from Havilah Resources's conference presentation, Nov 16, 2009
Slide 1: Australian Geothermal Energy Conference - Presentation
Geothermal Resources Limited 63 Conyngham Street Glenside 5065 South Australia phone 61 8 8338 9292 fax 61 8 8338 9293 email info@geothermal-resources.com.au ABN 45 115 281 144 For personal use only ASX / Media Release 16 November 2009 Australian Geothermal Energy Conference - Presentation Geotherma
Slide 2: South Australian Projects: From Pegging to Development
For personal use only GEOTHERMAL RESOURCES [ ASX: GHT ] South Australian Projects From Pegging to Development November 2009
Slide 3: Disclaimer
Disclaimer For personal use only • The information contained in this presentation is not financial product advice. The presentation is for information purposes and is of a general and summary nature only. Geothermal Resources Limited (GHT), or any other member of the Havilah Group of companies, give
Slide 4: Capital Structure & Management
Capital Structure & Management For personal use only Capital Structure (ASX: GHT): Management: • Ordinary Shares: 36 million • Dr Bob Johnson (Chairman) • Market Cap: $14 million • Dr Chris Giles (Tech Director) • Ken Williams (Non‐exec Dir.) Major shareholders: • Havilah Resources NL: 58% • Lion Se
Slide 5: The Beginning
Frome Project – the beginning For personal use only • First GEL pegged 5 years ago • 150 km west of Broken Hill (below Lake Frome) • Hot Fractured Rock model (HFR) • Granite heat source
Slide 6: The Beginning
Frome Project – the beginning For personal use only GEL selection based on: • Granite outcrop • High uranium • Gravity low • End users • Transmission lines KEY: Gravity low Gravity high
Slide 7: Exploration
Frome Project – Exploration For personal use only Exploration: • Gravity surveys • 6 wells drilled to ~ 500m • All wells temperature logged • All existing wells (oil & mineral) temperature logged Results: • High geothermal gradients over granite • Low geothermal gradients when no granite
Slide 8: 2009 Achievements
Frome Project – 2009 Achievements For personal use only 1. Drilled two 1800m wells 2. Published inferred geothermal resource 3. Completed seismic survey 4. Planned ‘proof of concept’ wells
Slide 9: 2009 Achievements: Deep wells
Frome Project – 2009 Achievements For personal use only 1. Drilled 2 deep wells (26 km apart): * Frome 12 ‐ 1761 metres ‐ 93.5 oC * Frome 13 ‐ 1809 metres ‐ 96 oC * Granite proven * Granite fractured
Slide 10: 2009 Achievements: Inferred geothermal resource
Frome Project – 2009 Achievements For personal use only 2. Published inferred geothermal resource • High geothermal gradient confirmed • Gradient > 40 oC per km over > 500 km2 area • Inferred geothermal resource estimate of 84,000 PJ (thermal) [ASX 13th July 2009]
Slide 11: 2009 Achievements: Seismic survey completed
Frome Project – 2009 Achievements For personal use only 3. Seismic survey completed • East west line 27 km long • Passed near existing well Frome 12, and the planned ‘proof of concept’ wells Frome 15 and 16 • Granite position validated
Slide 12: 2009 Achievements: Geological cross-section
Frome Project – 2009 Achievements Geological cross‐section For personal use only
Slide 13: 2009 Achievements: Proof of concept wells
Frome Project – 2009 Achievements For personal use only 4. ‘Proof of concept’ wells sited, planned and cost estimated Significant advantages: • TVD 3250m • Temperature of 155 oC • All oil drilling tools and techniques appropriate • Ensign Rig # 30: proven sling shot • Granite: fractured not over pre
Slide 14: Penola - Robe Project: Location
Penola - Robe Project: Location For personal use only • 3500 km² between Penola & Robe • Otway basin • Intersected by transmission lines • End user demand eg. Portland • Ideal depths to basement • Includes basement highs
Slide 15: Penola - Robe Project: Model
Penola - Robe Project: Model For personal use only
Slide 16: Penola - Robe Project: Petroleum Wells
Penola - Robe Project: Petroleum Wells For personal use only • > 25 petroleum wells in Geothermal Resources GELs • Well completion reports used to obtain stratigraphy, temperatures & permeabilities
Slide 17: Penola - Robe Project: Permeable Sediments
Penola - Robe Project: Permeable Sediments For personal use only
Slide 18: Penola - Robe Project: Seismic Surveys
Penola - Robe Project: Seismic Surveys For personal use only >1000 km of seismic surveys are being enhanced & reinterpreted
Slide 19: Next Steps
Next Steps For personal use only • Frome project: drill injection & production wells • Penola‐Robe project: refine HSA targets via enhanced seismic interpretation • Raise finance
Slide 20: Enhanced seismic interpretation
Enhanced seismic interpretation For personal use only Typical seismic image from processor – ie. grey scale and 2D only
Slide 21: Enhanced seismic interpretation
Enhanced seismic interpretation For personal use only Geothermal Resources software displays the amplitudes of reflections in the third dimension. [Note: the previous vertical section is now shown in an approximately horizontal orientation.]
Slide 22: Enhanced seismic interpretation
Enhanced seismic interpretation For personal use only Geothermal Resources software shows the amplitude of reflections as peaks in the third dimension. This enables precise location of individual strata.
Slide 23: Investment Points
Investment Points For personal use only Geothermal Resources is a compelling investment: 4. Low market cap - good appreciation potential
Slide 24: For personal use only
For personal use only This is a summary presentation of information extracted from several Public Reports released by Geothermal Resources Limited in 2008 and 2009. Information regarding Exploration Results and Geothermal Resources in this presentation is considered by Dr. Chris Giles, who is a memb
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