As we step into the latter part of 2023, I’m pleased to share with you a series of accomplishments and developments that mark significant milestones in EGI’s ongoing journey. It’s been an eventful year for us, replete with achievements, collaborations, and forward strides in our mission to foster sustainable energy solutions for the future.

One of our proudest moments this year has been the progress at the Frontier Observatory for Geothermal Research (FORGE). Our dedicated team made history by achieving inter-well connectivity in granite at 8,500 feet deep and at temperatures above 400 degrees Fahrenheit. This feat paves the way for a continuous flow of heated fluid, which has the potential to transform geothermal electricity production and enable diverse direct-use applications.

I am pleased to share the news that we were chosen for a CarbonSAFE Phase II award by the US Department of Energy. This accolade is a testament to our pursuit of cutting-edge research in carbon capture, utilization, and sequestration, as well as our commitment to fostering a secure energy transition. We were also part of two teams selected to develop Direct Air Capture Hubs from the US Department of Energy. Collaborating on these initiatives not only broadens our research portfolio but also positions us at the forefront of technological advancements in the realm of carbon capture.

We continue to modernize our signature projects database, EGIConnect and we have added significant capabilities to our offshore worldwide exploration tool, iCords. EGI also offers a global critical minerals database.

In culmination of our latest work, I’d like to extend an invitation to the EGI Technical Conference, scheduled from September 18-21, 2023. This conference will be a platform for experts, researchers, and industry leaders to come together, share insights, and engage in collaborative discussions. If you haven’t already registered, I encourage you to do so – there’s still time, and we’re eager to share our latest research findings and insights with you.

As always, EGI remains steadfast in its dedication to driving the energy transition while upholding the principles of energy security. EGI remains unwavering in its commitment to advancing energy research, and we look forward to shaping the future with our collaborative efforts.