
in Press
US Department of Commerce Recognizes ThermaSource
Thursday, September 2nd, ThermaSource received special recognition by the US Department of Commerce and Congresswoman Lynn Woolsey for their drilling project in Nicaragua.
ThermaSource was presented with an Export Achievement Certificate from the US Department of Commerce’s Export Assistance Center.
Louis Capuano, Jr. Chief Executive Officer for ThermaSource was there to accept the Certificate along with Marketing Manager, Patrick Hanson.
“ThermaSource appreciates the assistance that Elizabeth Krauth with the US Dept. of Commerce provided our team in Nicaragua. Their help streamlined the process of our drilling equipment clearing customs in less than a week.” said Mr. Capuano.
For more information on the US Department of Commerce or the Export Assistance Center, visit www.export.gov
in Press
Bilingual Drillers and Tool Pushers Needed
ThermaSource is in need for bilingual (English/Spanish) Drillers and Night Tool Pushers for drilling operations in Nicaragua.
For more information go to Here
in Press
JMP Securities: The Green 100
JMP Securities:The Green 100. A book ranking the top most promising privately held clean technology companies in 2010. ThermaSource was honored to be a part of this list under the Renewable Fuels and Clean Power Generation category, and one of only a handful of geothermal companies to make The Green 100.
For more information on this list, JMP Securities
in ThermaSource Community
ChemTech becomes ThermaSource Drilling Fluids
ThermaSource is capitalizing on an opportunity for a fresh start with ChemTech Services, LLC. In doing so, and to become more aligned with the family of ThermaSource companies, management has agreed ChemTech will now be known as ThermaSource Drilling Fluids.
in Press
ThermaSource, Inc., Signs Drilling Contract with Polaris Energy Nicaragua in San Jacinto-Tizate, Nicaragua
SANTA ROSA, Calif.—(BUSINESS WIRE)--ThermaSource, Inc. and Ram Power, Corp. (TSX: RGP) (“Ram Power”), through its subsidiary Polaris Energy Nicaragua S.A. (“PENSA”), are pleased to announce the signing of a drilling contract for the geothermal development of the San Jacinto-Tizate Project in Nicaragua. ThermaSource was awarded the drilling contract from PENSA following a competitive bidding process involving geothermal drilling companies from around the world.
“The drilling contract represents a major milestone in the completion of the San Jacinto-Tizate expansion and we are looking forward to the working relationship with ThermaSource. We believe that Nicaragua is quickly becoming one of the leading Central American countries developing geothermal power.”
*San Jacinto-Tizate Project * The goal with this contract is to drill multiple wells, both injection and production, to roughly 2,500 meter depths to support the expansion of the current power generation plant. With 56 MW drilled and available at the production well heads, and the two most recently drilled production wells tested at 16 MW and 22.8 MW respectively, PENSA is expecting to drill only two additional production wells to reach the full 72 MW net capacity.
Tecton Geologic, a wholly owned subsidiary of ThermaSource also signed a contract for the mud logging business for the drilling operations on the San Jacinto-Tizate Project in Nicaragua. Louis Capuano, Jr., Chief Executive Officer of ThermaSource, Inc., said “We are excited to be a part of the expansion of geothermal power in Nicaragua and look forward to working with Ram Power and PENSA on a successful drilling project.”
Stuart Johnson, Vice President Geothermal Resources for Ram Power, said “The drilling contract represents a major milestone in the completion of the San Jacinto-Tizate expansion and we are looking forward to the working relationship with ThermaSource. We believe that Nicaragua is quickly becoming one of the leading Central American countries developing geothermal power.”
About ThermaSource, Inc. ThermaSource, LLC is a fully integrated services company focused on the geothermal industry. ThermaSource Inc. is engaged in geothermal drilling, engineering and project management. ThermaSource Cementing is an onsite cement supply, pumping and engineering firm, Tecton Geologic conducts geothermal geologics, well logging, and H2S Abatement. ChemTech Services is engaged in geothermal drilling fluids supply, and engineering. EGS, Inc. specializes in geological exploration and is a resource evaluation firm. ThermaSource has positioned itself as a one-stop shop for drilling service needs and will be providing the drilling, project management, and well logging for Ram Power and PENSA. For more information about ThermaSource, visit www.thermasource.com.
About Ram Power, Corp. Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has interests in geothermal projects in the United States, Canada, and Latin America. For more information on Ram Power, Corp., visit www.ram-power.com.
in ThermaSource Community
ThermaSource, LLC Receives 2009 Best of Business Award
SAN FRANCISCO, November 7, 2009, Thermasource, LLC has been selected for the 2009 Best of Business Award in the Engineering services category by the Small Business Commerce Association (SBCA)
The Small Business Commerce Association (SBCA) is pleased to announce that Thermasource, LLC has been selected for the 2009 Best of Business Award in the Engineering services category.
The SBCA 2009 Award Program recognizes the top 5% of small businesses throughout the country. Using statistical research and consumer feedback, the SBCA identifies companies that we believe have demonstrated what makes small businesses a vital part of the American economy. The selection committee chooses the award winners from nominees based off statistical research and also information taken from monthly surveys administered by the SBCA, a review of consumer rankings, and other consumer reports. Award winners are a valuable asset to their community and exemplify what makes small businesses great. About Small Business Commerce Association (SBCA)
Small Business Commerce Association (SBCA) is a San Francisco based organization. The SBCA is a private sector entity that aims to provide tactical guidance with many day to day issues that small business owners face. In addition to our main goal of providing a central repository of small business operational advice; we use consumer feedback to identify companies that exemplify what makes small business a vital part of the American economy. SOURCE: Small Business Commerce Association
CONTACT: Small Business Commerce Association
Email: Press@SBCAAwards.org