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Old 02-21-2011, 07:07 AM
Sparty Sparty is offline
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Join Date: Mar 2009
Posts: 1,765
Default Petratherm shows how to frac!

The recent news from Petratherm that their fracture stimulation at Paralana was successful should not come as a surprise to anyone that follows the company.

In fact many investors think that if the Federal Govt. had picked PTR as its favourite (rather than the disaster prone GDY) the geothermal sector would have been one of the decades success stories.... Hopefully when PTR demonstrates that Hot Rock Energy is a commercial reality the sector will again come into favor...

Read about Hot Rocks at http://www.hotrockenergy.com/

 

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