The group included AMG National Trust Bank and Walker Ranch Energy, LLC. The group has appointed a project manager that will oversee the local work. Around 26,000 acres of geothermal property have been acquired or leased and it is estimated that the power generation potential from the resources is around 300 MWe.
The company has done around two thirds of the 3D analysis of the resources and aims now to connect with partners and local government. The project site is north of the U.S. Geothermal Raft River geothermal project site in Idaho. The company plans to extend its work from there, but has also acquired acreage to the northeast. They also plan to explore 15,000 acres of BLM land north and south of Raft River.
The group is currently drilling core test holes on leased private land. Permitting and siting has been done and eight drilling sites have been identified.
