On this basis and after allowing for sufficient time to transport the rig from its current location, Salamander-1 well is expected to spud towards the end of November 2009, some 70 days later than originally anticipated.
The Salamander-1 well is a production well designed with the aim to convert part of the “Measured Geothermal Resource” of the Penola Project into Geothermal Reserves, which in turn will form the basis for the development of a commercial, grid connected Demonstration Plant, a first for Australia.
The Penola Project targets hot water in an existing reservoir (hot sedimentary aquifer). The quality and the temperature of this target reservoir are well known from a comprehensive database comprising 28 deep petroleum wells as well as 400 km2 of 3D seismic data.
