CanGEA is excited to announce that one of its member companies, Deep Earth Energy Production Inc. (DEEP), has obtained a signed Contribution Agreement with SaskPower as of July 30, 2013. The agreement funds a $2 Million Front End Engineering Design (FEED) Study on the economic and technical viability of geothermal as a resource for clean electricity generation in southern Saskatchewan on a 50/50 basis with Natural Resources Canada (NRCan). The study is set to wrap up in December 2013.
We’d like to congratulate DEEP on their hard work so far and wish them luck on their ongoing efforts to make geothermal electricity production a reality in Canada.
To learn more about the agreement, click here.
To learn more about the project, visit DEEP’s website.