Geothermal Project in Swan Hills Field Razor Energy Corp, a junior oil and gas company, will undertake a co-produced geothermal electricity project utilizing active oil and gas wells in their Swan Hills field. Potential deal structure may include farm-in, joint venture, direct equity or debt investment into Razor or some other commercial transaction. PROJECT TITLE Razor Energy Geothermal Co-production from an Active Oil Field in Swan Hills, Alberta SECTOR Cleaner Oil and Gas Low Carbon Electricity ORGANIZATION Razor Energy PROJECT LEAD Lisa Mueller AI PROJECT ADVISOR Maureen Kolla GRANT AMOUNT $2,000,000 START ⦠Razor currently trades on TSX Venture Exchange under the ticker âRZEâ. U of A collaborated on Razor Energyâs co-production project. BOE Report: March 23, 2021 World Class Montney and Swan Hills Light Oil Development Drilling Opportunities. 24 Hour Emergency Response Number: 1-866-832-6393 Razor was founded in 2016 and through a business combination with Vector Resources Inc., a Capital Pool Company, concurrently completed an acquisition of a legacy light oil asset in the Swan Hills area of Alberta in January 2017, funded partially through a term loan facility in ⦠We are an evolving energy company Razor is an Alberta-based upstream oil & gas, oilfield services and power generation conglomerate traded under symbol RZE on the TSX Venture Exchange. RAZOR CORE REGIONS 5 Swan Hills Unit No. CALGARY - FutEra Power Corp. ('FutEra'), a subsidiary of Razor Energy Corp. ('Razor' or the 'Company') (TSXV: RZE) which is a publicly traded Alberta-based junior oil and gas company, is pleased to announce it is entering the project execution stage of its co-produced Geothermal Power Project in Swan Hills, Alberta (the 'Project').. Razor Energy Corp. is initiating a process to explore strategic partnerships to drill two of its low-risk light oil assets in Alberta. Jonathan Banks is the Director of Geothermal Energy Research at the University of Alberta. Razor Energy purchased the South Swan Hills Main Battery 3-19 in 2017, a legacy oilfield established in the 1960s. Razor continues to identify opportunities to alternative sources of energy and manage the environmental and social impacts of our business. Razor Energy Corp. (âRazorâ or the âCompanyâ) (RZE.V) announces its first quarter 2020 financial and operating results. Razor Energy Corp. filed applications with the AUC for approval to construct and operate a 21-megawatt (MW) co-produced geothermal power plant, and to connect the power plant to the Alberta Interconnected Electric System. Per Well Highlights Montney Swan Hills Capex 4.0 2.5 million dollars (Cdn) Payout [Read more] SWAN HILLS/KAYBOB REGION. The CEO of Razor Energy said the announcement had been planned for some time and it's a coincidence the company reported the spill of more than 10,000 litres of oily water on Wednesday. Razor is a pivotal leading-edge enterprise, balancing creativity and discipline, focused on growing an enduring energy company. FutEra Power Corp. (âFutEraâ), a subsidiary of Razor Energy Corp. (âRazorâ or the âCompanyâ) (TSXV: RZE) which is a publicly traded Alberta-based junior oil and gas company, is pleased to announce it is entering the project execution stage of its co-produced Geothermal Power Project in Swan Hills⦠Razor plans to concurrently grow Swan Hills and Kaybob, and execute on similar acquisitions, using its experience to extract upside value. Robert has 3 jobs listed on their profile. In this location and at that depth, the rocks are very hot, which means that the water which comes out of the wells is also very hot. This study investigates the feasibility of using the geothermal energy contained in co-produced oil field brines to power upstream operations in the Swan Hills region of central Alberta. The company is involved in production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations. The Swan Hills field wells are about 2,400 to 2,500 deep. Razor plans to concurrently grow Swan Hills and Kaybob, and execute on similar acquisitions, using its experience to extract upside value. FutEra Power Corp. ("FutEra"), a subsidiary of Razor Energy Corp. ("Razor" or the "Company") (TSXV: RZE) which is a publicly traded Alberta-based junior oil and gas company, is pleased to announce it is entering the project execution stage of its co-produced Geothermal Power Project in Swan Hills, Alberta (the "Project"). Razor Energy Corp. | 2,373 followers on LinkedIn. Located in Swan Hills, Alberta, the project is designed to generate power from two sources that combine to 21 megawatts of power. Razor has also completed its merger with Vector Energy, The company's recent $15-million Swan Hills acquisition includes about 3,000 boe/d, 15,000 net acres of undeveloped land and 10.6 million boe of proved-plus-probable reserves. 1 (Non-op 13% wi) South Swan Hills Unit No. Razor Energy Corp. Razor Energy Corp. ("Razor" or the "Company") (TSXV: RZE) announces its first quarter 2021 financial and operating results. | Razor is a publicly-traded junior oil and gas development and production company headquartered in Calgary, Alberta, concentrated on acquiring, and subsequently enhancing, producing oil and gas properties primarily in Alberta. 392(272 net) sections, or 250,600 (174,100 net) acres of land held by production with majority-owned infrastructure. The $15 to $20 million project is expected to generate between 3 and 5 megawatts of electricity through a geothermal method. Future Energy Systems scientists partner with Razor Energy to retrofit geothermal energy onto an existing oil and gas battery. (Photo: John Ulan) Razor Energy Receives Funding for Geothermal Power Project. Finally, feel free to share ⦠Razor is a pivotal leading-edge enterprise, focused on growing an enduring energy company. Scientists partner with Razor Energy to retrofit geothermal energy onto an existing oil and gas battery. You can call 780-333-7700 to contact Razor Energy Corp that is close to your area.. Innovation Razor continues to identify opportunities to alternative sources of energy and manage the environmental and social impacts of our business. FutEra Power Corp. (âFutEraâ), a subsidiary of Razor, proceeded toward successfully financing the first stage of its Co-produced Geothermal Power Generation Project in Swan Hills, Alberta (âGeothermal Projectâ). Accordingly, the publicly traded junior oil and gas company partnered with provincial and federal governments to enhance the emerging geothermal industry in Canada. Box 389, 4906 Plaza Avenue Swan Hills, Alberta T0G 2C0. Razor is a pivotal leading-edge enterprise, focused on growing an enduring energy company. Situated at 4906 Plaza Av in Swan Hills, Alberta, Razor Energy Corp is a merchant in the oil companies section of Canpages.ca online directory. May 26 (Reuters) - Razor Energy Corp: * Razor Energy Corp qtrly net loss per share (basic and diluted) $0.18 * Razor Energy Corp - average production of 3,075 boe/day in swan hills ⦠AIMCo Announces Investment in Razor Energy Corp. Edmonton, Alberta (January 31, 2017) â Alberta Investment Management Corporation (âAIMCoâ), on behalf of certain of its clients, is pleased to announce that it has successfully entered into a strategic financing relationship with Razor Energy Corp. (âRazorâ) (âRZE-TSXVâ). FutEra Power Corp. (âFutEraâ), a subsidiary of Razor, proceeded toward successfully financing the first stage of its Co-produced Geothermal Power Generation Project in Swan Hills, Alberta (âGeothermal Projectâ). As of December 31, 2020, it operated assets in the Swan Hills ⦠Razor Energy Corp. | 2,418 followers on LinkedIn. Razor Energy Corp is a junior oil and gas development and production company. U of A researcher Jonathan Banks is partnering on a pilot project for a power plant that combines geothermal energy with existing oil and gas infrastructure. There are five to seven megawatts of renewable energy from heat to power generation, from a combination of hot water ⦠Razor is a pivotal leading-edge enterprise, balancing creativity and discipline, focused on growing an enduring energy company. Find everything you need to know about Razor Energy Corp on Yellowpages.ca Please enter what you're searching for The Company expects the capital cost of the project to be $35 million, generating 21 MW of grid connected power, of ⦠View Robert Dowsettâs profile on LinkedIn, the worldâs largest professional community. FIELD OFFICE. During the first quarter of 2020, Razor invested $0.3 million on its South Swan Hills co-produced geothermal power generation project. It's free. Final engineering is underway for the construction of a pilot project in Swan Hills, Alta., that combines the power of geothermal energy with existing oil and gas infrastructure. The project area is located southwest of the town of Swan Hills, within the existing Amoco South Swan Hills Battery 9 Final engineering is underway for the construction of a pilot project in Swan Hills, Alta., that combines the power of geothermal energy with existing oil and gas infrastructure. Today, the Alberta-based subsidiary of Razor Energy Corp., FutEra Power Corp., announced it entered the project execution stage of its co-produced Geothermal Power Project in Swan Hills, Alberta. Junior producer Razor Energy Corp. enjoyed the largest realized hedging gain per boe of any Canadian oil and gas producer during the first nine months of 2017, according to CanOils data.. Razor Energy, which focuses on Swan Hills and Kaybob light oil assets, began hedging in Q3 and recorded realized gains of $25.61/boe relative to its hedged volumes (note 1). Razor currently trades on TSX Venture Exchange under the ticker âRZEâ. By KATIE WILLIS. Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in Alberta. Q3 2020 average production of 2,952 boepd at 87 percent light oil & natural gas liquids with stable 10 percent base decline Alberta- Canada based FutEra Power Corp., a subsidiary of Razor Energy Corp. (TSXV: RZE) â a publicly traded Alberta-based junior oil and gas company, today announced that it is entering the project execution stage of its co-produced Geothermal Power Project in Swan Hills, Alberta. It is focused on acquisition and production of oil and gas properties in Alberta. 2. The Swan Hills Formation is a regionally extensive carbonate platform upon whose margins trends of atoll reefs have accumulated (Fig. Canadian junior Razor Energy, (ticker: RZE) began operation on January 31, 2017 after combining with Vector Resources then acquired the Swan Hills asset. CALGARY, Alberta, April 15, 2021 (GLOBE NEWSWIRE) -- Razor Energy Corp. (âRazorâ or the âCompanyâ) (TSXV: RZE) announces its fourth quarter and year end 2020 financial and operating results. 1). See the complete profile on LinkedIn and discover Robertâs connections and jobs at similar companies. Hybrid geothermal power plant being built in Swan Hills. Razor inherited decommissioning liabilities in its Swan Hills and Kaybob acquisitions. Razor Energy Corp - Swan Hills - phone number, website & address - AB - Oil Companies. CALGARY, Alberta, May 04, 2021 (GLOBE NEWSWIRE) -- FutEra Power Corp. (âFutEraâ), a subsidiary of Razor Energy Corp. (âRazorâ or the âCompanyâ) (TSXV: RZE) which is a publicly traded Alberta-based junior oil and gas company, is pleased to announce it is entering the project execution stage of its co-produced Geothermal Power Project in Swan Hills, Alberta (the âProjectâ). Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in Alberta. Create a portfolio watchlist today. FutEra Power Corp. ("FutEra"), a subsidiary of Razor Energy Corp. ("Razor" or the "Company") (TSXV: RZE) which is a publicly traded Alberta-based junior oil and gas company, is pleased to announce it is entering the project execution stage of its co-produced Geothermal Power Project in Swan Hills, Alberta (the "Project").
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