News
Jan 29, 2010Full details released about CanGEA Canadian Geothermal Code Investment Seminar and Reception
Full details of our Canadian Geothermal Code Investment Seminar and Reception event have been released. This brand new event is being held on March 3 at the St. Andrews Club in Toronto. The expert-led presentations will detail the salient technical and financial implications of code, offering attendees a clear perspective of how the code will affect businesses in the geothermal community. This is a one-of-a-kind opportunity to understand how geothermal heat translates into value, and identify the genuine winners in the marketplace. For all geothermal developers and investors this is an event you will not want you to miss!
Please click here for more information about the Canadian Geothermal Code Investment Seminar and Reception
Please click here to register for the event
Jan 28, 2010
Sierra merger or sale likely
This post is viewable by Members and Registered News Users only. Please Login or Register for a Free News Account or Join CanGEA.
Jan 26, 2010
Sierra Geothermal Proxy Vote Results in a Win-Win
This post is viewable by Members and Registered News Users only. Please Login or Register for a Free News Account or Join CanGEA.
Jan 22, 2010
‘Clean’ Companies Beat Overall Canadian and U.S. Stock Markets in 2009
This post is viewable by Members and Registered News Users only. Please Login or Register for a Free News Account or Join CanGEA.
Jan 22, 2010
Sierra Geothermal Drills Deep at Silver Peak
This post is viewable by Members and Registered News Users only. Please Login or Register for a Free News Account or Join CanGEA.
Jan 21, 2010
First Use of the Code - Magma Energy Awarded Pellado Geothermal Property in Chile
This post is viewable by Members and Registered News Users only. Please Login or Register for a Free News Account or Join CanGEA.
Jan 20, 2010
Cabinet Shakeup ushers in new Natural Resources Minister
This post is viewable by Members and Registered News Users only. Please Login or Register for a Free News Account or Join CanGEA.
Jan 19, 2010
Magma Top Pick for 2010
This post is viewable by Members and Registered News Users only. Please Login or Register for a Free News Account or Join CanGEA.
Jan 18, 2010
CanGEA Announces the Release of the Canadian Geothermal Code for Public Reporting
THE CANADIAN GEOTHERMAL ENERGY ASSOCIATION (CANGEA) ANNOUNCES THE RELEASE OF THE CANADIAN GEOTHERMAL CODE FOR PUBLIC REPORTING
CALGARY, ALBERTA—(Jan. 18, 2010) – The Canadian Geothermal Energy Association (CanGEA) announces the release of the Canadian Geothermal Code for Public Reporting. The Canadian Geothermal Code for Public Reporting provides a minimum set of requirements for the public reporting of Exploration Results, Geothermal Resources and Geothermal Reserves. The Code will provide a basis for transparency, consistency and confidence in the public reporting of geothermal information.
The Canadian Geothermal Code for Public Reporting was prepared by the Canadian Geothermal Code Committee (CGCC), established in December 2008. The primary objectives determined by the Committee were to provide a reporting basis that would be satisfactory to investors, stakeholders and capital markets such as the Canadian Securities Exchanges, and to develop a Code that would be applicable to geothermal plays in both Canada and internationally. The Code, a first in Canada, will serve to increase investor confidence and interest in the geothermal energy sector through the standardization of geothermal reporting.
Lee Deibert, CanGEA Director and CGCC Chairman had this to say about the Code, “This key initiative has been completed for the benefit of our members and the industry overall. With the increasing level of activity in Canadian geothermal public and private financings, mergers & acquisitions, and the development of geothermal opportunities in Canada, the Code represents a key part of any investment and development strategy”.
It is anticipated that public reporting using the Code will be undertaken by all CanGEA members involved in exploration and/or operation of geothermal properties. The use of the Code will be on a voluntary compliance basis (industry self-regulation) until 2011 when Code compliance will be a mandatory requirement for CanGEA membership. CanGEA members involved in the financial community, including geothermal investors, financial advisors and financial institutions will also benefit from standardized and transparent reporting of geothermal assets. CanGEA will be holding Code training seminars throughout the upcoming months.
Alison Thompson, CanGEA Founder and Chair commented, “The Canadian Geothermal Code for Public Reporting establishes the industry standard and we are pleased that CanGEA has strengthened our leading role in the international geothermal community. The Canadian Securities Exchanges are already host to many of the premier players in the geothermal world and this Code is expected to further facilitate the industry’s growth.”
CanGEA collaborated with the Australian Geothermal Energy Association (AGEA) in the development of the Code.
About CanGEA
CanGEA is a national, not-for-profit association that works on behalf of our members to facilitate and promote the responsible and sustainable growth of high temperature geothermal energy in Canada, which, we believe, can provide competitive, emissions free, renewable, base-load energy to Canadians and export markets. 5,000 MW by 2015!
For more information please contact:
The Canadian Geothermal Energy Association (CanGEA)
Brian Toohey, B.Eng
Reservoir Engineer
Canadian Geothermal Code Committee Member & Business Development Coordinator
.(JavaScript must be enabled to view this email address)
http://www.cangea.ca
Jan 12, 2010
ADK/Borealis/CanGEA Geothermal Demonstration Project selected for Clean Energy Fund
This post is viewable by Members and Registered News Users only. Please Login or Register for a Free News Account or Join CanGEA.