Developing Geothermal Resources
DEEP is not a reporting issuer in any jurisdiction and its’ shares are not listed or posted for trading on any exchange or over-the-counter market or website. Potential investors are cautioned that any representation to the contrary by any person is false. If you are interested in participating in the Company’s current Private Placement, please find those details here.
DEEP’s project is located in Southeastern Saskatchewan, a few miles north of the US border near the city of Estevan. Analysis of thousands of public well records revealed the presence of a vast, “pancake-like’ Hot Sedimentary Aquifer (HAS) in the Williston Basin. To reach the hot aquifer, DEEP is using conventional drilling to drill the longest well ever drilled in the province (3,500 metres) and power generating technology, which is well established around the world. This project is unique because DEEP is pairing these established technologies with a deep hot aquifer. DEEP is mining heat to produce sustainable, renewable power.
How are Geothermal Resources Produced?
Uses of Geothermal Energy
Hot water produced from geothermal reservoirs can also be used in applications other than direct power production. Some of these applications include:
Space heating, district heating and cooling processes;
Hot springs and spas;
Augmentation of existing power generation plants;
Seed and grain drying.
Benefits of Geothermal
A small company in Saskatchewan is building what could become Canada’s first geothermal power plant, which could launch a green revolution for the energy industry and the people who work in it.
DEEP Earth Energy Production Corp. (the “Corporation” or “DEEP”) is pleased to announce that drilling is currently underway on the Border-6 stratigraphic test well. The contract for the drilling of this well has been awarded to Saskatchewan based Panther Drilling...
DEEP Closes Private Placement of $4,515,885, Including a Strategic Investment by PHX Energy Services Corp. of $3M
DEEP Earth Energy Production Corp. (the “Corporation” or “DEEP”) is pleased to announce the closing on a $4.5 million private placement offering. The company received subscriptions for 4,948,100 units of the Company (each a “Unit”) at CAD$0.85 per Unit, for gross...
PHX Press Release – July 20 – “PHX ENERGY SERVICES CORP. ANNOUNCES STRATEGIC INVESTMENT IN GEOTHERMAL POWER DEVELOPER DEEP EARTH ENERGY PRODUCTION CORP.”
Calgary, Alberta - PHX Energy Services Corp. ("PHX Energy" or the "Corporation") (TSX: PHX) is pleased to announce it has made a strategic investment in geothermal power developer, DEEP Earth Energy Production Corp. (“DEEP”). DEEP is currently developing a geothermal...