DEEP ANNOUNCES PRIVATE PLACEMENT OFFERING
DEEP Earth Energy Production Corp. (the “Corporation” or “DEEP”) is pleased to announce a private placement for subscription up to a maximum of $5,000,000 or 10,000,000 share units. Each unit is comprised of one (1) Class “A” common voting share of the Corporation (each a “Common Share”) having an issuance price of $0.50, and one […]
DEEP SUCCESSFULLY SECURES MINERAL RIGHTS FOR BRINES & IS COMMENCING WITH SPRING/SUMMER TESTING AND DRILLING PROGRAM
DEEP Earth Energy Production Corp. (the “Corporation” or “DEEP”) is pleased to announce that it has successfully acquired mineral rights in a Saskatchewan Subsurface Mineral Crown Disposition Public Offering. DEEP posted and acquired a single subsurface block totalling 1,553 hectares. The permit block is located along the Saskatchewan-North Dakota border, approximately 30 kilometres southwest of […]
Prime Minister announces support for Canada’s first geothermal power facility
The Government of Canada is taking strong steps to protect the environment and grow the economy, while creating good, middle class jobs and more opportunities for Canadians. The Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production […]
DEEP SUCCESSFULLY COMPLETES FIRST GEOTHERMAL TEST WELL
DEEP Earth Energy Production Corp. (the “Corporation” or “DEEP”) is pleased to announce the successful drilling of its first geothermal test well. The vertical well, managed by Frontier Project Solutions and drilled by Horizon Drilling, reached its target total depth of 3,530 metres on December 16, 2018. This is the deepest well ever drilled in […]
DEEP Commences Geothermal Power Drilling & Strategic Alliance with Epoch Energy.
DEEP Earth Energy Production Corp. (“DEEP”) is pleased to announce that it has commenced drilling on the first well for its geothermal power facility, located in Southeast Saskatchewan. This drilling is required as part of the final construction engineering for a 5 megawatt (MW) power facility. Final testing results from the drilling program will refine […]
Geothermal agreement signed SaskPower, DEEP Geothermal to explore project in southeast Saskatchewan
Geothermal agreement signed SaskPower, DEEP Geothermal to explore project in southeast Saskatchewan SaskPower and DEEP Earth Energy Production Corp. (DEEP) have signed a power purchase agreement that will allow further research into the potential for Saskatchewan’s first geothermal power project. “We’re proud to continue our work with DEEP to evaluate geothermal’s potential role in our […]
