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Industry Partners

Industry Partners

Geodynamics Limited

  • Public company listed on Australian Stock Exchange in September 2002.
  • Currently more than 17,500 shareholders.
  • Market capitalisation more than $221 million (February 2010)
  • Purpose, to become a world-leading Australian geothermal energy company, supplying competitive, zero carbon energy and base-load power.
  • The Cooper Basin Project, South Australia tenements extend over 1000 km2 and has the potential to provide a large proportion of Australia’s electricity requirements over the next 100 years.
  • Proof of concept was achieved in March 2009
  • The Federal Government awarded $90 million in funding under the Renewable Energy Demonstration Program (Nov 2009) toward the construction of the Company’s commercial demonstration plant expected to be operating by December 2013
  • The Company has drilled five deep geothermal wells and owns two state-of-art drilling rigs
  • The development of 500 MW of electricity by December 2018 will be the culmination of drilling 81 deep geothermal wells; considered one of the largest onshore deep drilling program in Australia

 The Cooper Basin Project will require an increasing number of geoscientists (geologists, geophysicists, and reservoir engineers), drilling and power generation engineers and personnel to put into place a potentially massive infrastructure project.

Geodynamics is currently experiencing rapid growth in all areas of capability including subsurface, engineering, project management, procurement and logistics, finance, IT and communications.

Career Opportunities:

geodynamics - Flow from steam separator Innamincka April 2005

Proof of Concept has not yet been achieved, but once complete by the end of 2007, the Innamincka project will require an increasing number of geoscientists (geologists, geophysicists, and reservoir engineers), drilling and power generation engineers and personnel to put into place a potentially massive infrastructure project. 

At this stage the operation is run by a small management team with outsourcing to expertise. Research is being carried out on simulating the production life of heat extraction using the University of Queensland supercomputing facility.

geodynamics Drilling at production well Habanero 2 using a snubbing unit June 2006