CALGARY, Alberta, Jan. 31 (Korea Bizwire) — Eavor Technologies Inc. (“Eavor”), a leader in globally scalable geothermal technology, is pleased to announce the successful completion of its next generation geothermal demonstration project in New Mexico, USA: Eavor-Deep™. Beginning in August and concluding in December of last year, after having drilled a two-leg multilateral well down [...]
DÜSSELDORF, Germany, Sept. 20 (Korea Bizwire) — Leading drilling, engineering and technology company KCA Deutag has announced that it has signed a contract with EAVOR ERDWÄRME GERETSRIED GmbH (“Eavor”) to provide two drilling rigs for the construction of Eavor’s first commercial Eavor-Loop™ system. Drilling and facility construction work will commence on the project near the [...]
CALGARY, Alberta, May 5 (Korea Bizwire) – $11.4 million early warrant exercise financing Eavor is pleased to announce receipt of $11.4 million in aggregate gross proceeds from the exercise of share purchase warrants issued as part of Unit Financings in 2018 and 2019. Each Unit issued in 2018 and 2019 consisted of one common share [...]