GTherm, Inc

GTherm GEO, Inc. is  dedicated to the development geothermal power plants (on-grid and off-grid) worldwide utilizing the Single-Well Engineered Geothermal System™ (“SWEGS”).

GTherm SWEGS technology utilizes widely available ‘dry hot rock’ geothermal energy, requires very little water, creates no water or air pollution, produces renewable power with a zero carbon footprint and has a very limited visual impact.

Because  it represents an alternative for clean, load base generation of electricity, geothermal power is a highly-desirable form of renewable energy. The earth’s heat is plentiful. The amount of heat contained in just the first two miles (3km) of the Earth’s crust below the continents could supply enough energy to meet the world’s consumption requirements for approximately 100,000 years (EPRI, 2010). Geothermal is a vast, untapped resource; and as innovations in technology unlock its potential, the growth of geothermal power is expected to be exponential.

Until the 1980s, the generation of electricity from geothermal heat was limited to locations containing naturally-occurring, superheated steam and/or water to drive steam turbines. Since the 1980s, a technology called “Enhanced Geothermal Systems” (EGS) has been developed as a way to extract geothermal heat energy from areas without naturally-occurring, superheated steam or water. EGS consists of the injection of large quantities of water into the bedrock of a geothermal resource and the extraction of the superheated return water to power steam turbines. Most of the geothermal power plants developed around the world in the last 30 years have relied on first-generation EGS technology.

The GTherm closed-loop proprietary system is superior to existing EGS in several important ways.

• No requirement for large quantities of injection water
• No pollution of ground water
• No disruption of national hydrology
• No high maintenance costs due to scaling and corrosion of pipes
• No reduction of brine flow due to concentration of sediment

GTherm, Inc. (“GTherm”) is dedicated to the development of environmentally-sound innovations for use in the energy and other markets.

GTherm Energy, Inc. is the developer of proprietary ‘clean’ oil and gas extraction technology. The GTherm Comprehensive Energy System uniquely combines several field-proven legacy oil and gas extraction approaches into a single, thermally-driven system to volumetrically recover greater quantities of oil and gas, sequester CO2 and, where applicable, generate baseload electricity.

Exotex, Inc. is the developer of proprietary high-temperature tolerant and/or corrosion resistant advanced composite materials that outperform conventional materials (carbon fiber, broadly termed “fiber reinforced composites “FRCs”). Exotex epoxies when used to saturate woven or spun materials and products (including pipes) will perform in “high temperature” and/or caustic environments, with “high tensile strength”, impact-resistant, moisture absorption resistance.

GTherm GEO, Inc. is the developer of the Single-Well Engineered Geothermal System™ (“SWEGS”) for the generation of baseload geothermal power. GTherm GEO SWEGS is a closed system that does not require building a water reservoir and emit zero 6HG.

GTherm OGP, LLC, will acquire and develop depleted and /or under-performing onshore oil fields that are compact, have consistent reservoir properties, thick pay zones, and have proven oil in place.
Conventional oil and gas recovery processes are able to recover about 20% of the original oil in the reservoir, leaving up to 80% of the known oil stranded in place (USGS). The discovery and recovery of “easy oil” is disappearing. Much of the planet’s untapped reserves are either deep beneath the sea or in environmentally-sensitive areas making new fields expensive to exploit.
GTherm OGP, will model and implement the GTherm Comprehensive Energy System in concessions with confirmed oil in place (“OIP”). Where legacy oil and gas recovery processes were not economically viable.

The company is eligible for a U.S. sequestration tax credit of $10.75 per metric ton of CO2 sequestered