Kuth Energy Limited

KUTh Energy (ASX: KEN) is pleased to announce that it has received the first batch of equilibrated surface heat flow values from drilling on its Tasmanian geothermal tenement, SEL26/2005.

Tasmanian-based geothermal energy explorer KUTh Energy (ASX: KEN) has been offered a Federal Government Renewable Energy Development Initiative (REDI) grant to test a new model for developing a geothermal energy source.

In order to expedite the process of connecting to electricity networks, KUTh Energy (ASX: KEN) commissioned John Thompson Inclusive Pty Ltd (JTI) of Adelaide to begin the process of developing grid connection strategies for KUTh and to review their indicative costs.

KUTh Energy Limited welcomes the announcement from the federal government of continuing support for geothermal energy development in Australia, including specific funding to assist KUTh Energy to accelerate its geothermal exploration program in Tasmania. As part of its policy A climate resilient future: A clean energy plan for Australia, the government has announced provision for up to $5 million for KUTh on a dollar-for-dollar basis for geothermal mapping and data acquisition.

Kuth Energy Limited KUTh Energy Geothermal: New ASX Listing - Mr Malcolm Ward, General Manager; Kuth Energy Limited (ASX: KEN) present the following audio webcast regarding "KUTh Energy Geothermal: New ASX Listing". You may also download this audio webcast to your computer or portable audio player.