RE: Testing on ernestinovo6 Mar 2024 14:44
Great find SEA7. If the geothermal testing is positive you won’t be buying down here.
Ernestinovo Licence
The Licence
A 76.66km2 exploration licence in Eastern Croatia with 3 deep exploration wells drilled (extensive data suite) and 250km of 2D seismic data reprocessed and interpreted.
Fulfilled work program
Subsurface data has been reviewed, sorted and graded, the database has been created. Seismic data has been reprocessed to gain more resolution within the deep granite-gneiss structures where the main geothermal target has been defined. The G&G study of the area which encompasses all the data, analyses and interpretation of the geothermal potential has been made.
Conceptual project for Ernestinovo-3 well workover has been submitted.
Remaining Licence commitments
Re-enter an abandoned oil and gas well (Ern-3) to test the geothermal potential of the fractured metamorphic pre-Cenozoic formation
Complete and submit to the Croatian Ministry of Economics and Sustainable Development a conceptual development plan and reserve report
Development Concept
Based on preliminary heat reserves and well productivity estimates, a 10MW electricity generation plant (ORC) is planned:
* 4 producing and 2 injecting wells (4 new wells and 2 well re-entries of abandoned wells)
* Connect into Ernestinovo HOPS substation - a major
substation with 400kV transmission lines to Zagreb, Hungary,Serbia and Bosnia, with step down to 110 kV and 85kV.