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EGS Inc. (ThermaSource) contracted for work in Caribbean Montserrat

Alexander Richter 11 May 2009

EGS Inc. subsidiary of Geothermal Drilling specialist ThermaSource, announces it has been contracted by the government of Caribbean state Montserrat for geothermal exploration studies.

In a press release, EGS Inc. acquired by Geothermal Drilling specialist ThermaSource in 2008, announces it has been contracted by the government of Caribbean state Montserrat for geothermal exploration studies.

The full release: “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. is also currently working with the Government of Nevis, an island approximately 35 miles southeast of Montserrat, providing technical consulting services for the development of the geothermal potential on that island.

“The government of Montserrat is looking to take advantage of its volcanic origins by developing the geothermal potential for a green and renewable energy source,” said Brophy. “A reliable energy resource will also help with the economic redevelopment of the island.”

About EGS, Inc.: EGS, Inc. provides a full range of geothermal exploration and development services worldwide. With experience in water resources, hazardous waste, air quality management, and renewable energy project development, EGS, Inc. is well situated to assist with any geothermal needs. EGS, Inc. geologists have extensive geothermal field experience, both domestically and internationally, making EGS, Inc. the leading geothermal exploration services provider in the United States. In April 2008, EGS, Inc. became a subsidiary of ThermaSource LLC, a Santa Rosa, Calif. based geothermal drilling company.”

Source: Company statement via Businesswire