Petratherm Limited is an Australia-based company engaged in the exploration and development of geothermal energy. The Company operates in three segments: exploration activities-Paralana project, exploration activities-Australia (Other) and exploration activities-Spain. The Paralana Geothermal Energy Project is located 600 kilometers north of the city of Adelaide in South Australia and is adjacent to the Mt Painter region of the northern Flinders Ranges. The Tenerife Project is a conventional geothermal play on the active volcanic Island of Tenerife. Petratherm holds four investigation permits, covering a total of 391 square kilometer. During the fiscal year ended June 30, 2012, its principal activities included testing hot rocks, with high temperatures, and establishing an economically viable, emission free, renewable source for power generation. The Company�s subsidiaries include MNGI Pty Ltd, Heliotherm Ltd, PTR Holdings BV and Petratherm Espana SL.