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Raya Group (ASX: RYG), formerly Panax Geothermal Ltd, is an Australian geothermal company based in Queensland. Its focus is on exploring existing reservoirs containing hot geothermal fluids. In March 2010 it succeeded to drill the first geothermal well in Australia to test a Hot Sedimentary Aquifer, at the Penola Project, in South Australia.

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  • Raya Group (ASX: RYG), formerly Panax Geothermal Ltd, is an Australian geothermal company based in Queensland. Its focus is on exploring existing reservoirs containing hot geothermal fluids. In March 2010 it succeeded to drill the first geothermal well in Australia to test a Hot Sedimentary Aquifer, at the Penola Project, in South Australia.
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  • Raya Group
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