Contact Us TodayCanGEA release: Canadian Geothermal Code
The Canadian Geothermal Energy Association (CanGEA) announces the release of the Canadian Geothermal Code for Public Reporting. The Canadian Geothermal Code for Public Reporting provides a minimum set of requirements for the public reporting of Exploration Results, Geothermal Resources and Geothermal Reserves. The Code will provide a basis for transparency, consistency and confidence in the public reporting of geothermal information.
The Canadian Geothermal Code for Public Reporting was prepared by the Canadian Geothermal Code Committee (CGCC), established in December 2008 and Borealis Geopower’s Dr. Dan Yang was one of the key committee members. The primary objectives determined by the Committee were to provide a reporting basis that would be satisfactory to investors, stakeholders and capital markets such as the Canadian Securities Exchanges, and to develop a Code that would be applicable to geothermal plays in both Canada and internationally. The Code, a first in Canada, will serve to increase investor confidence and interest in the geothermal energy sector through the standardization of geothermal reporting. Borealis is pleased to annouce that Borealis Geopower’s Dr. Daniel Yang is on the CanGEA Geothermal Reporting and Reserves Committee which recently developed the document. Like CanGEA’s Lee Diebert, we believe that ” with increasing level of activity in Canadian geothermal public and private financings, mergers & acquisitions, and the development of geothermal opportunities in Canada, the Code represents a key part of any investment and development strategy “.
For more information: visit CanGEA article
Borealis Geopower is pleased to announce that we are one of the few companies in Canada qualified to analyze and assess geothermal energy resources according to the standards of the Canadian Geothermal Code for Public Reporting. Borealis Geopower is interesting in hearing from geothermal energy companies and the geothermal finance industry to begin work on the standardized and transparent reporting of your geothermal assets. For more information please contact Craig Dunn, P.Geol at .(JavaScript must be enabled to view this email address)
