Eden Energy updates on geothermal activities
Australian Eden Energy Ltd. (ASX:EDE) just gave with this quarterly announcement an update on its geothermal energy activities.
Australian Eden Energy Ltd. (ASX:EDE) just gave an update on its geothermal energy activities.
The company reports that an independent Risk Assessment of Geothermal Plays was completed by Hot Dry
RocksPty Ltd on all Eden Geothermal Exploration Licences. This report details technical prospectivity and specific activities required to demonstrate Inferred Geothermal Resources for each Geothermal Exploration Licence in Eden’s portfolio.
A comprehensive exploration activity plan through to end 2010 has been developed from this, high-grading the most promising geothermal plays to deliver “Inferred Geothermal Resources” under the new Geothermal Resources Code recently adopted by the Australian Geothermal Exploration Association as quickly as practical.
Discussions with various parties are underway to commence the exploration program in 2009.