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Company Information
• US Geothermal Inc.• Founded in Idaho and based in Boise• Publicly traded on TSX Venture Exchange - GTH
and OTCBB - UGTH
Management Team
• Daniel Kunz –President, CEO & Director • Doug Glaspey - COO & Director • Kevin Kitz - VP Project Development • Robert Cline – VP Engineering• Kerry Hawkley – CFO & Secretary
Raft River Location
Raft River Project
• US Department of Energy site from l975-l983• $40 million was spent by DOE on a 7 megawatt
binary cycle demonstration power plant.• Acquired by USGEO June 2002.• Own 660 acres and have a total of 4,417 acres (7.9
square miles) under lease.
Why Geothermal Power?
• Clean, safe, emission free • 100 MW eliminates 560,000 tons greenhouse gases
annually
• Highest rate of production (MWH) to capacity (MW) of any type of power plant
• Generates continuous power • Only alternative energy capable of “baseload” power
• Renewable and Sustainable• Does not consume wasting commodity • Re-injection of spent fluid
• Plants can operate at over 98% availability
• Geothermal Wells• 5 production wells, 2 injection wells, 7 monitoring wells
• Office/control room building, shop building, 15 ton crane, wellfield power grid, 300K gallon water tank, warehouse, maintenance offices
• Adjacent to BPA’s 138 KV transmission line • 120 MW total capacity and 60MW of available capacity
• Year round access via state highway, county road
Raft River Infrastructure
Office/Shop Complex – Office/Shop Complex – Raft River Mt. Range in BackgroundRaft River Mt. Range in BackgroundOffice/Shop Complex – Office/Shop Complex – Raft River Mt. Range in BackgroundRaft River Mt. Range in Background
• Phase 1 10-12 MW to begin construction 2006
using Ormat binary cycle energy converters.• Phase 2 additional 10-20 MW, construction 2007• Additional phases will need additional permitting• 123 MW proven geothermal energy reserves and
resources estimated for 7.9 square miles.
Raft River Proposed Development
Workover Rig on RRG-1
Pump in RRG-2
Stinger
Placing Stinger in RRG-2
Flow Test – RRG-5 June 2004
Geothermal Reservoir – Cross Section
Well Temperature Profiles
Raft River Reservoir Model
12 MW Soda Lake, Nevada
30 MW Steamboat Springs, Reno, Nevada
Clean Power From the Earth