Hot Dry Rock to Geothermal Fluid Development

The objective is to develop an exploration campaign to determine the feasibility of exploiting the potential high temperature geothermal resources of the Island of Lanzarote and take advantage of this potential to establish the technical and economic feasibility of implementing high temperature geothermal projects on the island. .

The scope of this request for help is to investigate and determine the geothermal potential of the island of Lanzarote, by carrying out three important phases:

Phase 1. Geophysical studies and geological model and determination of the location of the wells

Phase 2. Execution of deep survey(s) (+/- 3000 m Real Vertical Depth)

Phase 3. Production Tests, Estimated Potential of the deposit and Development Plan for the resources found.