Terrador Energy Inc / Remedy Energy Services

I represent a geothermal power project on the Mt Meager Volcanic Complex in British Columbia owner by the Meager Creek Development Corporation, a subsidiary of Terrador Energy Inc. The project is currently awaiting a power purchase agreement (PPA) from BC Hydro for adding 32 MWe non emitting baseload power to the BC power grid by drilling up to 8 development wells into a 240deg C hot water reserve in naturally fractured granodiorite at a Measured Depth of approximately 2600mMD and a True Vertical Depth of 1600m. This commercial development is pending the PPA but has a planned drilling start date of Q4 2026. 

 After the initial development, Terrador Energy has identified an opportunity for an Enhanced Geothermal System development in strata below the planned commercial horizon. Water in formations at temperatures of 400deg C and higher may be present at depths of 4000mMD. This Super Hot Rock Geothermal opportunity would have international interest to the Clean Energy Transition Partnership (CETP), and we believe there may be member countries looking to test their Drilling, Completion and Production technologies within Canada.