Press and Updates

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March 13 2019

Eavor demonstrates a disruptive and novel solution to many of the challenges that face geothermal energy production

Calgary, Alberta, Canada – March 13, 2019

Eavor Technologies Inc. (“Eavor”) is pleased to announce Shell International Exploration and Production, via its New Energies Research & Technology program, has signed an agreement to join a field trial of Eavor’s disruptive new closed-loop conduction-only geothermal energy solution (“Eavor-LoopTM”).  As part of the agreement Shell will provide technical expertise towards the design of the drilling, completion, and facility construction of Eavor’s demonstration project (“Eavor-LiteTM”), as well as a follow-on commercial implementation.

Eavor-LiteTM Demonstration Facility

The ten million-dollar ($10M CAD) demonstration project, Eavor-Lite, is designed to showcase all of Eavor’s unique and proprietary design elements at scale. The site, located near Rocky Mountain House, Alberta, will also be used as an ongoing test facility for advanced operating fluids being developed under Eavor’s ongoing R&D program. Drilling is to commence on Eavor-LiteTM in Q3 2019.

Eavor-LoopTM Full Scale Commercial Facility

Following successful completion of the demonstration facility, work will commence towards a commercial Eavor-LoopTM installation. While Eavor has a growing pipeline of such commercial power, heat, and combined heat+power opportunities from around the world, the first commercial Eavor-Loop project is expected to be a 65M EUR heat-only project in the Netherlands.

Why we’re working with Eavor

Malcolm Ross, the geothermal focus leader in the Shell New Energies Research & Technology team, explained the relevance of Eavor and its demonstration project. “In searching for the next breakthrough in geothermal energy, we at Shell came up with our top ten list of what was holding geothermal energy back. We recognized that Eavor-LoopTM, and its unique conduction-only closed-loop design had the potential to address many of these concerns. That is why we’re supporting Eavor and their Eavor-LiteTM demonstration project.”

Why we’re working with Shell

“Working with Malcolm and his colleagues at Shell’s New Energies Research & Technology team, has been extremely helpful”, said John Redfern, President & CEO of Eavor. “We appreciate Shell’s ability to look beyond conventional geothermal paradigms and see the potential of this completely new scalable form of geothermal energy. Eavor continues to seek out and work with progressive companies like Shell to leverage this technology on a global scale. Our goal is to convert the energy equivalent of ten million homes in ten years to the Eavor-LoopTM solution.”

About Eavor Technologies Inc.
Eavor’s solution (Eavor-Loop™) is designed to be the world’s first truly scalable form of green baseload energy. It’s a disruptive technology that eliminates or mitigates many of the issues with traditional geothermal. As a completely closed-loop system, there is no fracking, no GHG emissions (unlike some geothermal projects), no earthquake risk, no water use, no produced brine or solids, and no aquifer contamination. Eavor’s system circulates a benign working fluid which is isolated from the environment in a closed loop, much like a massive subsurface version of a traditional radiator. It simply collects heat from the natural geothermal gradient of the Earth, at geologically common rock temperatures. Unlike other green power solutions (e.g. wind and solar), Eavor-Loop™ is not intermittent, but instead produces much needed reliable baseload power. Unlike traditional geothermal, it isn’t reliant on volcanic-like temperatures in combination with highly permeable aquifers. Eavor™ makes geothermal truly scalable and eliminates the major sources of exploratory cost and risk. For further information go to www.eavor.com and https://vimeo.com/301259525

Media Contacts

Eavor Technologies Inc.
John Redfern
President & CEO

650-269-2501
john.redfern@eavor.com

Eavor Technologies announces new funding and partnerships

Innovative geothermal company to build technology demonstration site in Alberta.

Eavor Technologies is pleased to announce the awarding of new grants and partnerships that will serve to further advance their unique and innovative geothermal technology. The ten million-dollar ($10M CAD) demonstration site, Eavor-Lite, is designed to showcase all of Eavor’s unique and proprietary design elements at scale. The site, located not far from Rocky Mountain House Alberta, will also be used as an ongoing test facility for advanced operating fluids being developed under Eavor’s ongoing R&D program. Drilling is to commence on Eavor-LiteTM in Q3 2019.

Eavor’s solution (Eavor-Loop™) is designed to be the World’s first truly scalable form of green baseload energy. It’s a disruptive technology that eliminates or mitigates many of the issues with traditional geothermal. As a completely closed-loop system, there is no fracking, no GHG emissions (unlike some geothermal projects), no earthquake risk, no water use, no produced brine or solids, and no aquifer contamination. Eavor’s system circulates a benign working fluid which is isolated from the environment in a closed loop, much like a massive subsurface version of a traditional radiator. It simply collects heat from the natural geothermal gradient of the earth, at geologically common rock temperatures. Unlike other green power solutions (e.g. wind and solar), Eavor-Loop™ is not intermittent, but instead produces much needed reliable baseload power. Unlike traditional geothermal it isn’t reliant on volcanic-like temperatures in combination with highly permeable aquifers. As such Eavor™ makes geothermal truly scalable and eliminates the major sources of exploratory cost and risk.

Following successful completion of the demonstration facility, work will commence towards a commercial Eavor-LoopTM installation. While Eavor has a growing pipeline of such commercial power, heat, and combined heat+power opportunities from around the World, the first commercial Eavor-Loop project is expected to be a 65M EUR heat-only project in the Netherlands.

Eavor is currently working with Creative Destruction Lab (CDL) for the next year. This exciting program is focused on the development of massively scalable, science-based companies. CDL has programs with Universities and strategic investors in Toronto, Vancouver, Calgary, Montreal and Halifax as well as New York.

June 20 2018

Hot Commodity: Geothermal electricity in Alberta

Canada West Foundation publishes new report on Geothermal Energy featuring innovative Eavor-Loop
 
Press Release
 
Report – Hot Commodity: Geothermal Electricity in Alberta

May 10 2018

Eavor at Energy Disruptors 2018

Eavor will be presenting and participating in Energy Innovation Showcase at Energy Disruptors Conference in Calgary on May 15th 2018.

Click here for more info.

April 20 2018

Jeanine Vany joins Eavor as Executive Vice President of Geosciences

Jeanine Vany is an APEGA registered professional geologist with a career spanning over 15 years in the oil and gas industry. Her experience ranges from reservoir characterization, drilling and operations to full field delineation strategies, asset management, and acquisition. Vany has spent her career at foremost E&P companies such as EnCana, Devon and Total. She joined GLJ Petroleum Consultants in 2012, where she led the geoscience aspects of in-situ reserves and resource evaluations in addition to working deep basin unconventional plays.  Prior to joining Eavor™, Vany managed geoscience at Castle Rock, a consultancy firm specializing in the geothermal space as it relates to oil and gas.

Jeanine holds an Honours B.Sc degree in Geology and Environmental Studies from Saint Mary’s University and a Business Essentials Certificate from the Haskayne School of Business, University of Calgary.

March 15 2018

Matt Toews joins Eavor as Chief Technology Officer

Matt Toews is a professional engineer with over a decade of experience in production and operations with a focus on management and technology development. Fueled by a passion for new ventures and developing projects from the ground up, Toews has produced an extensive portfolio of pilot projects with a successful track record of creating value through technology commercialization.  During his tenure at Cenovus Energy, Toews led a team accountable for wellbore design and optimization at Cenovus’ thermal assets – the largest such assets in the world which produce an aggregate 370,000 bbl/d. He has also managed the commercialization of solvent-assisted SAGD technology for these assets.

Toews graduated with Distinction from the University of Calgary Oil and Gas Engineering, and is a member of APEGA and SPE. He has authored and co-authored several papers and currently has multiple patents pending.