Ptr Minerals Limited · ASX:PTR
Ptr Minerals — Petratherm — 3rd Annual SA Resources & Infrastructure Conference 2013
25 slides from Ptr Minerals's conference presentation, Mar 19, 2013
Slide 1: ASX Release: Presentation to 3rd Annual SA Resources & Infrastructure Conference
ASX Release PETRATHERM LIMITED ABN 17 106 806 884 Presentation to the 3rd Annual SA Resources & Infrastructure Conference Petratherm’s Exploration Manager, Peter Reid, presented to the 3rd Annual SA Resources & Infrastructure Conference held at the Adelaide Convention Centre this morning. The presen
Slide 2: Developing Large Scale Renewable Power to Meet South Australia's Future Growth in Mining
Developing Large Scale Renewable Power to Meet South Australia’s Future Growth in Mining South Australian Resources and Infrastructure Conference, March 2013 Exploring for Sustainable Energy
Slide 3: Disclaimer and competent persons statement
Disclaimer and competent persons statement 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 bodies corporate and Limi
Slide 4: Petratherm overview
Petratherm overview Our company > Projects spanning Australia and Spain > Projects across the spectrum of geothermal technology > Flagship project – Paralana in SA’s northern Flinders Ranges
Slide 5: Our business model – consistent and robust
Our business model – consistent and robust “To explore for and develop low emission energy projects that are commercially attractive” › Unlock Paralana’s vast geothermal resources value through demonstration of viable power production. › Develop a portfolio of quality geothermal energy projects. › I
Slide 6: Paralana Geothermal Project
Paralana Geothermal Project The Clean Energy Precinct Prominent ® Hill Olympic 5a i ean Energy Precinct Gas Pipeline Transmission Lines MiningDevelopments = > > ~~ Planned 300MW connections i 275 KV j 132KV i 00k i @ Paralana2 1 3 q
Slide 7: Petratherm Project Areas
Petratherm Project Areas Northern Flinders Ranges (JV with Beach Energy) Lake Frome
Slide 8: Paralana Hot Springs – 62°C
Paralana Hot Springs – 62oC
Slide 9: Resource Development Model – HEWI and FABBI
Resource Development Model – Heat Exchanger Within Insulator (HEWI), and Fractures at Basin-Basement Interface (FABBI) Targeting Fracture Permeability in › Meso-proterozoic metasediments - bedding / joint surfaces (HEWI model) › Fracture Permeability at Basin / Basement Interface (FABBI model)
Slide 10: Paralana Independent Resources Statement – Nov 2011
Paralana Independent Resources Statement – Nov 2011 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) 20,000 18,000 41 38,000
Slide 11: Paralana – Drilling
Paralana 2 – Drilling New Weatherford Owned 2000HP Le Tourneau Lightning Rig 57 metres high ~ 10 Stories 85 Semi-Trailer Loads Spudded June 30, 2009
Slide 12: Project Milestones
Project Milestones › 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 a large complex fract
Slide 13: 2D seismic interpretation suggests faults and fractures may be regionally extensive
2D seismic interpretation suggests faults and fractures may be regionally extensive below a thick quartzite sequence
Slide 14: Passive seismic array
Passive seismic array MEQ - Array Managed by IESE 1 deep borehole sonde at 1800m in Paralana 1b 6 borehole sondes ~ 200m 10 surface seismometers 4 accelerometers
Slide 15: Fracture Stimulation – Key Statistics
Fracture Stimulation – Key Statistics › 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 placed Photo: courtesy Advertiser, July 2011 at end of the treatment.
Slide 16: Micro-seismic events – main fracture
Micro-seismic events – main fracture › 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. › Good correlation bet
Slide 17: Micro-seismic events
Micro-seismic events N 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 18: Commercialization Path
Commercialization Path › Initial 3.5MW off-grid pilot plant to Beverley Mine (11 kms away). › Growing up to 30 MW to meet off- grid needs. › Long term path for large scale geothermal (300MW+) via the Clean Energy Precinct (gas, wind and solar), that aims to secure the large growing market from the m
Slide 19: 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 independent expert paper reports : (Binary Cycle Power Generation) Standard industry pump operating Source: Sanyal et. al. (2007) temperature limit is ~ 190oC Net power Capacity
Slide 20: Paralana – Next Stage Project Funding
Paralana – Next Stage Project Funding › Next stage of works budgeted at around $26 million › 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 grant appl
Slide 21: Key Milestones for the Paralana Geothermal Project
Key Milestones for the Paralana Geothermal Project 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 works of Paralana 2 and 3
Slide 22: Clean Energy Precinct
Clean Energy Precinct Plan to deliver 600 MW into a large growth market driven by Mining Developments Gas, Wind, Solar and Geothermal converge Key enabler for delivery of large scale geothermal energy into the SA Power Grid Exclusive access to over 1,800 square kilometres of land for power g
Slide 23: Preliminary Resource Assessment Summary for Precinct
Preliminary Resource Assessment Summary for Precinct › BOM data suggests solar resource 20 MJ/m²/day or (5kWh/m²/day). GH confirms it as an excellent solar resource › Expect competitive gas supply contract availability from Moomba producers › Expect sufficient gas pipeline capacity from MAP ›
Slide 24: Clean Energy Precinct - Preliminary Wind Assessment
Clean Energy Precinct - Preliminary Wind Assessment 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 x to 8 metres/sec at 100 metre height. Capacity factors modeled to rang
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Petratherm — 3rd Annual SA Resources & Infrastructure Conference 2013 on 6ix