Happy Holiday Season

ThermaSource would like to send their warm wishes to you and your families this holiday season.

A Successful GRC Annual Meeting / Geothermal Energy Expo 2009

What a week! ThermaSource spent the past week in Reno, NV at the Peppermill Hotel attending the GRC Annual Meeting and exhibiting at the Geothermal Energy Expo 2009. Between the meeting and the expo, ThermaSource had about 20 employees on site.

Trying to keep the momentum going from last years extravagant towering booth, ThermaSource stretched it out this year moving to a 10’ x 40’ booth instead of a 20’ x 20’.

The booth had two leather chairs and a couch on one end and a 6-seat conference table on the other, to support an environment of meetings with long time friends in the industry, current and future clients.

To top it all off, ThermaSource hosted a Tuesday afternoon happy hour at their booth where they quickly became the center meeting area for the entire exhibition.

Lastly, ThermaSource marketing team, Patrick Hanson and Caity Johnson continued their reign as Audience Choice-Best Booth Award for the second straight year.

Below are a series of pictures from the show.

Visit EGS, Inc.'s New Website

EGS, Inc., a wholly owned subsidiary of ThermaSource, LLC., has launched a brand new website.

For more information on EGS, Inc. visit www.envgeo.com

ThinkGeoEnergy.com

If you’re looking for one of the most comprehensive centers for information and news on geothermal, then you need to check Think Geo Energy out.

Looking for information on a geothermal company? Try typing the company name into the search box at the top of the site. It should bring up all the most relevant news and information on that company.

Anything that can educate and/ or inform the public on geothermal energy is a great boost to our industry.

ThermaSource supports Think Geo Energy’s mission!

Check out the site:ThinkGeoEnergy.com

ThermaSource Voted Best Place to Work for in 2009

Last week, ThermaSource was notified by the North Bay Business Journal, that it was voted one of the best places to work for in the North Bay for the second straight year!

This honor is awarded to North Bay companies that are nominated by someone within the community. Upon receiving a nomination, the company is notified and then asked to have their employees complete an anonymous survey. Each nominated company then had to have a minimum of 50% surveys completed and returned to the North Bay Business Journal, for consideration of the award.

ThermaSource prides itself on a quality workplace environment, and the business management values it instills in each employee. ThermaSource is proud to continue to be an example for North Bay companies and look forward to continued growth and success.

For more information on the North Bay Business Journal, visit www.NorthBayBusinessJournal.com

ExecDigital Magazine - Focused on an untapped resource

Please read the attached PDF full color version of ExecDigital’s article on ThermaSource, Inc.

Click here to read Focus on an untapped resource

ThermaSource at the Geothermal Project Showcase

Check out the ThermaSource Geothermal Project Showcase here!

ThermaSource at the Geothermal Project Showcase - Newseum - Washington DC

Earlier this week, May 6th; ThermaSource presented video footage for the first annual Geothermal Project Showcase in Washington DC, at the Newseum.

Over 250 people, in a standing room only venue attended the Showcase. All eyes were glued to the 5 flat-screen televisions strategically placed throughout the room. Each company presenting was given 15 minutes to introduce their projects and show the video footage. ThermaSource was up 2nd and showed a video that highlighted 3 key projects in 2008. The first project was for OIT with Rig 105 in Klamath Falls, OR. The second project was for Nevada Geothermal Blue Mountain project in Winnemucca, NV, and the last project was for Bottle Rock with Rig 108 in the Geysers.

Lou Capuano, Jr. CEO, introducing the ThermaSource video at the Geothermal Project Showcase.

The Capital, host of the Geothermal Project Showcase

The first panel of the day, from left to right, Ormat, ThermaSource, Western GeoPower and Pratt & Whitney, fielding questions following all video presentations.

Geothermal Energy Industry Leaders and Experts at the Newseum, Wednesday, May 6th

WASHINGTON, May 5 /PRNewswire-USNewswire/ — Geothermal industry leaders and experts will present a Geothermal Showcase at the Newseum in Washington, DC, Wednesday afternoon, from noon to 5:00 pm. Participants will be invited to virtually visit some of the leading geothermal energy development projects in the United States and hear from companies at the forefront of geothermal power growth. Companies will lead digital tours of geothermal power plants and will present on visions of potential and future geothermal technologies. A panel of leading geothermal scientists will discuss the promising question: “What can geothermal resources contribute to our energy needs?”

The Geothermal Showcase is sponsored by the Geothermal Energy Association along with Ormat, Enel North America, and Pratt and Whitney Power Systems. Karl Gawell, GEA’s Executive Director, Paul Thomsen, Director for Policy and Business Development of Ormat, Toni Volpe, President and CEO of Enel North America, and John Fox, Director/General manager of Pratt and Whitney Power Systems will be leading presenters.

Other industry speakers include Lou Capuano, Jr., CEO of ThermaSource, Ken MacLeod, President and CEO of Western GeoPower, Kevin Wallace, Senior Project Manager of Power Engineers, Brian Fairbank, President and CEO of Nevada Geothermal Power, Michael Hayter, Director of Geothermal Development for Raser Technologies, and Bernie Karl, Owner of Chena Hot Springs Resort.

To read the entire Press Release, click here.

EGS, Inc. Contracted by Government of Montserrat for Geothermal Exploration Studies

SANTA ROSA, Calif., May 04, 2009 (BUSINESS WIRE) — EGS, Inc., specialists in green fields and geological exploration with an emphasis on the evaluation of renewable energy resources, is pleased to announce that it has been awarded a contract to perform geothermal exploration studies on the island of Montserrat in the Caribbean. Led by Chief Geologist Paul Brophy, EGS, Inc. is a subsidiary of ThermaSource LLC, one of the fastest growing providers of drilling, engineering and consulting services to the geothermal energy sector. EGS, Inc.

To read the entire Press Release, click here:

ThermaSource at CANGEA's First Annual Conference

The Canadian Geothermal Energy Association (CANGEA) held their first annual conference in Vancouver, B.C. April 22-24, 2009. ThermaSource was invited to both exhibit and speak at the event.

Louis Capuano, Jr., CEO of ThermaSource gave a keynote speech on the morning of the first day, introducing the general concepts of geothermal energy and citing that Canada should try to capitalize on their budding geothermal potential.

The venue was held at Vancouver’s brand new, state-of-the-art Convention Center which is built more than 50% over the water! All of the major geothermal players from the West Coast, and the world attended, supporting Canada’s efforts to begin exploitation of their geothermal resources.

Louis also spoke on the second day, sharing a panel with ORMAT, Sierra Geothermal, and Magma Power, discussing each company’s contributions to the industry.

It was a great conference, that ended with a lot of momentum going forward for CANGEA and their energy goals.

ThermaSource Exhibit at CANGEA

Picture of the Week

Steam from a well drilled by ThermaSource Rig 101 in Winnemucca, Nevada.

Powering the Future

Saturday was the culmination of more than three decades of work for John Lund and his colleagues.

Oregon Institute of Technology had an official groundbreaking for a geothermal well that will provide enough energy to fully power the university campus. Lund, director of the OIT Geoheat Center, has worked toward such a project since helping found the center in 1975.

To read more, click here for the article…

ThermaSource Picture of the Week

This photo is of Rig 108 running a hot liner, with the crew making a connection.

January 2009 Newsletter

Click here to download the January 2009 Newsletter.

ThermaSource and Make-A-Wish

David Godfrey, 14 years old, diagnosed with and and undergoing treatment for a rare form of leukemia had one wish. To have an impact in today’s environment. When the Greater Bay Area, Make-A-Wish Foundation Chapter learned of David’s admirable and selfless wish, they began brainstorming how they could help make David’s wish come true.

On January 19th, 2009, David, his mother and father, accompanied by the Director of the Bay Area Chapter of Make-A-Wish Foundation drove up to Santa Rosa, CA to visit the offices of ThermaSource. David had to write a report on geothermal energy a year ago and since then has been intrigued by the renewable, base load energy source. When David arrived, the conference room was all set for him. At his seat was a lot of ThermaSource gear, including a black jacket with his name and ThermaSource logo embroidered, a shirt with the TSI logo, a blanket, hat and green hard hat with his name and TSI logo on it. We had a small selection of pastries, juice and fruit for the morning, a PowerPoint, about six unique geothermal rock formations (provided by Paul Brophy and Mike Lane of EGS, Inc.).

After introductions, CEO, Lou Capuano, welcomed David and briefly spoke about ThermaSource and how it began. Patrick Hanson then began with the Power Point and over the next hour steered an open discussion that led for a memorable day. Bob Swanson elaborated on several key drilling and engineering aspects, explaining how a drill bit works and having to answer one of David’s most unique questions: “Why would you use a drill bit made of tungsten when it’s such a brittle metal?” To hear a 14 year old, 8th grader ask such sharp and advanced questions was inspiring. Paul Brophy described the difference between the types of rocks he brought and explained to David how they were formed. Jim Hanson explained the difference between drilling core wells and conventional wells. Mike Lane, GIS Specialist for EGS, Inc., showed David a series of maps ranging from Northern California down to the geologic make-up of The Geysers, and 3D maps of recent wells drilled in the area.

After the hour long open discussion with David and the ThermaSource team in the Santa Rosa corporate office, Patrick Hanson, Paul Brophy, Caity Johnson and Anne Marie Van Roy led the caravan up to Bottle Rock. Awaiting our arrival was Willie Leuzinger, Safety Specialist. Willie gave us a brief safety presentation and equipped everyone with the proper safety glasses, ear plugs and hard hats.

Fully equipped in safety gear, we headed up to the top of Bottle Rock where Rig 108 was drilling. David was greeted by Company Man, Rod Inman, Tool Pusher, Daryl “Hoss” McConnell, and Safety Captain, Carlos Tapia. The group was allowed to climb up to the rig floor to watch the drilling up close. It was here where David watched the ThermaSource crew making a connection with more drill pipe. After our time on Rig 108, David and company made way for Bottle Rock Power Plant.

Larry Bandt, Executive Vice President of Engineering for Oski Energy greeted us and led the group on a tour of the plant. Larry showed David a large turbine which generate the electricity from steam. The group was then led to the main computer room, which controls the entire plant’s steam usage.

After completing the tour, we enjoyed sandwiches and cookies provided by Chloe’s Café.

David then had to rush off to Far Niente Winery in St. Helena where he was to tour the facilities that were powered by floating solar panels.

All in all, it was an absolute delight to be a part of David’s wish and I’ve been told that David said this was his most exciting segment of his wish. To follow David’s whole story, click here

Technology, Innovation and Creativity Report 2008-2009

The County of Sonoma Economic Development Board has recently published a Technology, Innovation and Creativity Report for 2008-2009. The report outlines Sonoma County’s mission to be on the leading edge of new technologies. On page 27, a section titled Green/Clean Technology - highlights the county’s trend setting renewable and clean energy companies. ThermaSource is mentioned along with Zap! cars, Enphase Energy and EDC Technologies as the leaders in this sector.

To read the full report, click here.

OIT's journey to the center of the earth

Kristina Maupin/OITA crew from Roger Chancellor Well Drilling performs initial drilling last week for a high-temperature well on the Oregon Institute of Technology campus in Klamath Falls. ThermaSource of Santa Rosa, Calif., will complete the nearly mile-deep well, which is intended to tap 300-degree water to run a 1.5-megawatt power plant. The plant should allow OIT to supply all of its heat and electrical needs from its own renewable geothermal source.

For decades, the Oregon Institute of Technology has drawn from the earth to warm its classrooms, heat its swimming pool and melt snow from its sidewalks.

Now the rumble of heavy equipment and the installation of a 150-foot-tall drilling tower signal the school’s leap toward energy self-sufficiency. Within a year, OIT will become the first campus in the world powered entirely by its own renewable geothermal source.

The massive drilling rig will punch into a geological fracture almost a mile below ground, tapping 300-degree water to feed a 1.5-megawatt electrical plant. The $4.5 million high-heat plant will produce enough energy to power the entire Klamath Falls campus — and then some.

To read the complete article, click here

Picture of the Week

To start the New Year off right, this week’s photo is a close up of a “shaker.” A shaker is a key mechanism in the drilling fluids business on the rig site. Photo taken by Alan Bartley, Chief Mud Engineer of ChemTech Services.

Turnaround Year

The recession in Sonoma County will come to an end in five months.

That is the bold prediction from Robert Eyler, director of the Center for Regional Economic Analysis at Sonoma State University.

Eyler’s report comes a year after he declared Sonoma County was in a recession — a controversial forecast he spent months defending until he was vindicated when the U.S. government agreed last month the national economy fell into recession in December 2007.

To read the complete article that featured ThermaSource ‘in pictures,’ on the front page of the Sunday paper in the Press Democrat, click here. Photo taken by Press Democrat photographer