Ptr Minerals Limited · ASX:PTR
Ptr Minerals — Petratherm — Shareholder Meeting (November 2012)
21 slides from Ptr Minerals's shareholder meeting presentation, Nov 23, 2012
Slide 1: ASX Release: AGM Presentation
ASX Release PETRATHERM LIMITED ABN 17 106 806 884 For personal use only AGM Presentation Petratherm’s Managing Director, Terry Kallis and Exploration Manager, Peter Reid, will present later today at the company’s Annual General Meeting. The attached presentation focuses on the Company’s flagship Par
Slide 2: Petratherm Annual General Meeting: Company and Projects Update
Petratherm Annual General Meeting For personal use only Company and Projects Update Managing Director Terry Kallis Exploration Manager Peter Reid 23 November 2012
Slide 3: 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 4: Petratherm's Five Key Areas of Differentiation
Petratherm’s Five Key Areas of Differentiation For personal use only 1. Business model > Project selection – clearly filtered through resource, market and permitting > JV partners with complementary skills/capabilities, funding capacity and risk appetite > Project viability is project specific and a
Slide 5: Petratherm's Five Key Areas of Differentiation
Petratherm’s Five Key Areas of Differentiation For personal use only 4. Extraction model for EGS > Optimization of key parameters for a pumped EGS geothermal well – drill depth/cost, temperature and target flow (HEWI) – technically valid/optimal approach > Focus on utilizing known and standard techn
Slide 6: Project Milestones
Project Milestones › For personal use only Drilled Paralana 2 to depth 4003m (G.L. A.H.D.) › Confirmed optimum bottom hole temperatures ~ 190oC at 4000m › High pressure geothermal brines intersected and natural fractures intersected from 3680m – may assist flows › Fracture stimulation produced
Slide 7: Extraction model for a pumped EGS well
Extraction model for a pumped EGS well Sanyal (Geothermex) et. al. 2007* Net MW Capacity of a Pumped Well vs Temperature For personal use only independent expert paper reports : (Binary Cycle Power Generation) > Standard industry pump operating Source: Sanyal et. al. (2007) temperature limit is ~ 19
Slide 8: Paralana Independent Resources Statement – Nov 2011
Paralana Independent Resources Statement – Nov 2011 For personal use only Depth Interval Inferred (PJth) Indicated (PJth) Measured (PJth) Total (PJth) (metres) <3,500 2,400 1,100 3,500 3,500 - 4,000 4,900 4,400 41 9,300 4,000 - 4,500 5,900 5,700 12,000 4,500 - 5,000 6,900 6,700 14,000 Total (PJth) 2
Slide 9: Clean Energy Precinct
Clean Energy Precinct For personal use only > Plan to deliver 600 MW into a large growth market driven by Mining Developments > It is the only site where Gas, Wind, Solar and Geothermal converge > Key enabler for delivery of large scale geothermal energy into the SA Power Grid > Exclusive access to
Slide 10: Clean Energy Precinct - Preliminary Wind Assessment
Clean Energy Precinct - Preliminary Wind Assessment For personal use only > Preliminary wind assessment for a 150MW and 300MW wind farm by Garrad Hassan (GH) – world’s leading wind consultants > Wind speeds in northwest area is assessed as being 7 to 8 metres/sec at 100 x metre height > Capacity fac
Slide 11: Paralana - Project Funding
Paralana - Project Funding › Next stage of works budgeted at around $26 million For personal use only › Covers drilling Paralana 3, fracture stimulation and demonstration of commercial flows. This work is the immediate precursor to building a 3.5 MW pilot plant. › Petratherm has lodged a $13 million
Slide 12: Fracture Stimulation – Key Statistics
Fracture Stimulation – Key Statistics For personal use only › 3.1 million litres injected › Injection rates: 3.2 - 27 l/sec › Equilibrium WHP prior and post operation 3940 psi. › Acid treatments allow higher pumping rates. › Sand proppant successfully Photo: courtesy Advertiser, July 2011 placed at
Slide 13: Fracture Stimulation – pressure and flow rate
Fracture Stimulation – pressure and flow rate For personal use only Note - This pressure rise is only at surface, not downhole
Slide 14: Paralana – Pumping Day – 2nd Acid Injection
Paralana – Pumping Day 2 – 2nd Acid Injection – 100 bbl 1% HCL For personal use only
Slide 15: Micro-seismic events – main fracture
Micro-seismic events – main fracture For personal use only › MEQ array successfully recorded micro-seismicity: › 11,000 events triggered and located by MIMO › 4,351 events handpicked › Ground motion – acceleration and velocity – always within the safe limits established in the risk management plan.
Slide 16: Micro-seismic events
Micro-seismic events N For personal use only 3,200m 4,200m View North 3,200m 10-15 July Injection Data = Red 4,200m 15 July to 29 October 2011 Post Injection Data = Green View West Data courtesy of Hasting Micro-Seismic Consulting
Slide 17: Frac and post frac seismic events
Frac and post frac seismic events For personal use only Data courtesy of Hasting Micro-Seismic Consulting End of Frac Events Per Day Flow Test August September October November
Slide 18: Key Milestones for the Paralana Geothermal Project
Key Milestones for the Paralana Geothermal Project For personal use only Paralana JV project planned milestones > 1st Qtr 2011: Main fracture stimulation > 3rd Qtr 2011 : Flow test > 2nd half 2013: drilling of the Paralana 3 deep producer well > Early 2014: Large scale hydraulic stimulation work
Slide 19: Prince Charles visit – November 2012
Prince Charles visit – 7 November 2012 For personal use only Board
Slide 20: Prince Charles visit – November 2012
Prince Charles visit – 7 November 2012 For personal use only Board
Slide 21: For personal use only
For personal use only