AUSTRALIA

Petratherm picks up $13M ARENA grant

PETRATHERM'S Paralana hot rock project has been awarded a $13 million grant by the Australian Renewable Energy Agency to help fund the next stage of works at Paralana.

Petratherm picks up $13M ARENA grant

The works involve drilling and stimulation of the Paralana-3 well - a producer well into the hot rock reservoir created around the existing Paralana-2 well as part of a research project into the site's...

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