Green Rock Energy Limited is engaged in exploration and development of oil and gas and geothermal resources. The Alkimos Project consists of two Geothermal Exploration Permits (GEP 2 and GEP 39) covering a total of 340 square kilometer within the Perth Metropolitan area with potential to recover geothermal energy from hot sedimentary aquifers to provide thermal power for district heating and cooling systems and desalination of water. The North Perth Basin Project consists of seven GEPs (GEP 23, 24, 25, 26, 27, 28 and GEP 41) covering 2,100 square kilometer with potential to recover geothermal energy from hot sedimentary aquifers and crystalline basement to provide thermal power for conversion to electrical energy. The Company held four Geothermal Exploration Licences (GEL) at the Olympic Dam mining operation in South Australia, approximately 550 kilometer north northwest of Adelaide.