RENEWABLE ENERGY

Assessment heats up Panax's Penola project

INDEPENDENT assessors have relayed more good news to Panax Geothermal after upgrading a substantial part of the inferred resource for the Penola project in the Otway Basin to the indicated and measured categories.

Marija Stojkovic

Assessment heats up Panax's Penola project

Panax said the Penola Trough in GEL 223 now has total geothermal resources of 132,000 petajoules, of which 32,000PJ has been classified as indicated and 11,000PJ as measured. Managing director Bertus...

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