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Deep Earth Energy Production (DEEP)

Developing geothermal resources to meet increasing energy needs with sustainable, clean and renewable energy.

  • Stage Product In Development
  • Industry Clean Technology
  • Location Saskatoon, SK, Canada
  • Currency CAD
  • Founded January 2010
  • Employees 3
  • Website deepcorp.ca

Company Summary

DEEP is dedicated to developing a series of geothermal baseload power projects, initially in the SE corner of Saskatchewan, where conditions are ideal to support geothermal energy production. DEEP is currently in the resource analysis phase of the project and expects to bring its first 5 MW generator on-line in 2015. DEEP has been seclected by NRC for a $13M grant and SaskPower is committed to provide $1.25M to investigate geothermal potential.

Team

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    Kirsten Marcia
    President, CEO & Director

    Former VP of Exploration for Wescan Goldfields Inc., 13 years of mining exploration experience for TSX-listed resources companies (primarily diamonds, gold, coal and uranuim)

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    Paul Pede
    Chief Operating Officer

    The co-founder and past President of Gilead Power. His experiences span the breadth of project and corporate development and equity and debt financing.

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    Anders Kruus
    Chief Financial Officer

    VP of Corporate Relations at Alterra Power Corp. A finance professional with 20+ years of leadership success in corporate finance, investor relations, sales and capital markets

Advisors

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    McDougall Gauley LLP
    Lawyer
    Unconfirmed
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    KPMG
    Accountant
    Unconfirmed

Previous Investors

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    49 North Resource Fund
    Unconfirmed
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    over 50 private investors
    Unconfirmed