AltaRock Energy to Suspend Demonstration Project Drilling While Continuing EGS Development
SAUSALITO, Calif., Sept. 2 /PRNewswire/ — “AltaRock Energy Inc. has encountered a number of physical difficulties in the drilling of well E-7, the first well planned as part of its engineered geothermal systems (EGS) demonstration project in the Geysers, resulting from geologic anomalies particular to the formation underlying this well location.
“As a result, we have suspended the drilling of this well as part of the Geysers Demonstration project. We are continuing with the development of our EGS technology and are currently evaluating a number of alternative well locations, at the Geysers and elsewhere for demonstrating this technology.
“AltaRock currently has a portfolio of approximately 20 patent filings relating to EGS and is actively continuing with the development of its proprietary technology in this area. We believe EGS is a clean, renewable energy alternative capable of reducing our economy’s dependence on fossil fuels and creating a more sustainable future, and this technology is the best way of tapping this non-carbon based source of power.”
About AltaRock Energy Inc.
AltaRock Energy is a renewable energy development company focused on the research and development of Engineered Geothermal Systems. Its principals include Don O’Shei, Chief Executive Officer, and Susan Petty, President/Chief Technology Officer and an AltaRock Energy founder. The company has its corporate headquarters in Sausalito, Calif., and its technology development office in Seattle, Wash.
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SOURCE AltaRock Energy Inc.