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Image - U.S. Geothermal Acquires Development Rights

U.S. Geothermal Acquires Development Rights

U.S. Geothermal, a leading renewable energy company focused on the development, production and sale of electricity from geothermal energy, announced today that it has acquired geothermal property for evaluation of a new project at Vale, Oregon. The site is located 12 miles east of the Neal Hot Springs geothermal power plant. The new leases encompass 368 acres of geothermal energy and surface rights acquired from private landowners, Malheur...

Geothermal Energy - Apr 14, 2014


Image - U.S. Geothermal Announces Agreement to Acquire Ram Powers Geysers Project

U.S. Geothermal Announces Agreement to Acquire Ram Power's Geysers Project

U.S. Geothermal, a leading renewable energy company focused on the development, production and sale of electricity from geothermal energy, announced today that it has signed a Stock Purchase Agreement to acquire Ram Power Corp.'s ("Ram") Geysers project for $6,400,000 in cash. The Ram subsidiaries included in the transaction are Western Geopower, Inc., Skyline Geothermal Holdings, Inc., and Etoile Holdings, Inc., which, in turn, ...

Geothermal Energy - Apr 7, 2014


Image - Schlumberger Introduces New Fracturing Technique

Schlumberger Introduces New Fracturing Technique

Schlumberger announced today the introduction of the BroadBand Sequence* fracturing technique, which enables sequential stimulation of perforation clusters in wells drilled in unconventional reservoirs. This new technique sequentially isolates fractures at the wellbore to ensure every cluster in each zone is fractured resulting in greater production and completion efficiency compared to conventional methods. Developed using a composit...

Geothermal Energy - Feb 19, 2014