Press

US Department of Commerce Recognizes ThermaSource

2010-09-02T23:07:00Z

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

Bilingual Drillers and Tool Pushers Needed

2010-05-06T15:38:24Z

ThermaSource is in need for bilingual (English/Spanish) Drillers and Night Tool Pushers for drilling operations in Nicaragua.

For more information go to Here

JMP Securities: The Green 100

2010-04-22T23:21:27Z

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

ChemTech becomes ThermaSource Drilling Fluids

2010-04-01T23:02:03Z

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.

ThermaSource, Inc., Signs Drilling Contract with Polaris Energy Nicaragua in San Jacinto-Tizate, Nicaragua

2010-03-09T18:04:04Z

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.

ThermaSource, LLC Receives 2009 Best of Business Award

2010-02-20T18:09:17Z

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

URL: http://www.SBCAAwards.org

Happy Holiday Season

2009-11-25T18:26:14Z

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

2009-10-09T20:30:06Z

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

2009-10-02T22:40:25Z

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

2009-09-24T17:46:38Z

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

2009-08-17T23:35:38Z

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

2009-06-09T21:29:42Z

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

2009-05-08T22:56:42Z

Check out the ThermaSource Geothermal Project Showcase here!

ThermaSource at the Geothermal Project Showcase - Newseum - Washington DC

2009-05-08T18:30:10Z

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

2009-05-08T18:26:42Z

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.