PROGRESS

The rationale for focussing on geothermal energy is directly linked to the threat of global warming as caused by CO2 emissions from the continued use of fossil fuels. National and international momentum is building for a ‘climate change pact’ and this foreshadows that clean energy generation is the key to our future.
LIMESTONE COAST
SOUTH AUSTRALIA
This advanced and highly prospective geothermal project is the principal and primary asset of Scopenergy Pty Ltd (“Scopenergy”), a company acquired by Panax in October 2007.
PUGA PROJECT
INDIA
The Puga Geothermal Project is an advanced and ready to drill test project located in the Himalayan Geothermal Province.
KRISHNA-GODAVARI PROJECT
INDIA
The Krishna – Godavari Project is a ‘wet’ geothermal exploration project targeting a rift or graben associated with high heat flows as well as thermal springs, located in the state of Andhra Pradesh.
ON THE LOOKOUT FOR NEW PROJECTS
Panax is currently furthering its search to acquire an advanced commercial geothermal project which is ready for development. This international search is being conducted on our behalf by a group of highly experienced geothermal consultants..
FUNDING
This section is coming soon.
 
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