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The well which was spudded in March to re-establish access to the Habanero hot rock reservoir is currently at a depth of 2819 metres.
The company added that as depth increases, the rate of penetration will decrease in the harder formtions.
Thursday, May 10, 2012
Australia:
Geodynamics Making Faster than Expected Progress with Cooper Basin Geothermal Well (Proactive Investors - Australia)
Geodynamics of Queensland, Australia, is progressing faster than expected in the current section that its Habanero 4 geothermal well in the Cooper Basin is drilling through.
The well which was spudded in March to re-establish access to the Habanero hot rock reservoir is currently at a depth of 2819 metres.
The company added that as depth increases, the rate of penetration will decrease in the harder formtions.
The well which was spudded in March to re-establish access to the Habanero hot rock reservoir is currently at a depth of 2819 metres.
The company added that as depth increases, the rate of penetration will decrease in the harder formtions.
