Ptr Minerals Limited · ASX:PTR
Ptr Minerals — Petratherm — Australian Geothermal Energy Conference 2012
25 slides from Ptr Minerals's conference presentation, Nov 14, 2012
Slide 1: ASX Release: MD presentation to Australian Geothermal Energy Conference
ASX Release PETRATHERM LIMITED ABN 17 106 806 884 MD presentation to the annual Australian Geothermal Energy Conference Petratherm’s Managing Director, Terry Kallis will present later today at the annual Australian Geothermal Energy Conference in Sydney. The presentation covers the Company’s flagshi
Slide 2: Yours faithfully Terry Kallis, Managing Director
Yours faithfully Terry Kallis Managing Director MEDIA CONTACTS: Terry Kallis Petratherm Ltd 08 8274 5000 Kieran Hall / Tim Hughes Hughes Public Relations 08 8412 4100
Slide 3: AGEC 2012 Company Update: Exploring for Geothermal Energy
AGEC 2012 Company Update Exploring for Geothermal Energy November 2012
Slide 4: 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 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 › Id
Slide 6: 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 7: 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 8: 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 9: Paralana Project Next Steps
Paralana Project Next Steps › Project has followed clear plans and milestones with N spend tightly managed by JV to ensure value for partners, government and PTR shareholders. › Next step is to drill Paralana 3 deep producer well, perform large scale fracture stimulation works, and to demonstrate a
Slide 10: 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 11: HEWI and FABBI Resource Development Models
HEWI and FABBI Resource Development Models – Optimizing Temperature, Drilling Costs and Flow! HEWI Targets Working in Sediment rather than Granite: Lower drilling costs (depth and rock hardness) Shallower depth (temperature gradients normally higher in sediment than granite) Probable lower s
Slide 12: 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 13: Paralana - Project Funding
Paralana - 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 application und
Slide 14: 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 15: Clean Energy Precinct
Clean Energy Precinct 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 over 1,800 square kilo
Slide 16: 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 17: 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 modelled to range
Slide 18: Canary Islands Projects
Canary Islands Projects Tenerife and Gran Canaria – licences awarded La Palma – licence application being assessed
Slide 19: Tenerife - Primary drill target
Tenerife - Primary drill target Possible Drill site Schematic of the Geothermal System Geochemistry suggests a liquid dominated system and temperatures up to 240oC beneath the volcanic dome Proposed test well to the base of the conductive layer – “the clay cap” at approximately 1500 metres depth
Slide 20: Petratherm's Five Key Areas of Differentiation (1-3)
Petratherm’s Five Key Areas of Differentiation 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 an optimization process
Slide 21: Petratherm's Five Key Areas of Differentiation (4-5)
Petratherm’s Five Key Areas of Differentiation 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 technologies and plant to
Slide 22: Prince Charles visit – November 2012
Prince Charles visit – 7 November 2012 Board
Slide 23: Prince Charles visit – November 2012
Prince Charles visit – 7 November 2012 Board
Slide 24: Prince Charles visit – November 2012
Prince Charles visit – 7 November 2012 Board
Slide 25: Petratherm
©) petratherm
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