USA, California:

Geothermal Resource Group Inc. Appoints Subir K. Sanyal As Senior Technical Advisor (News Release)

Dr. Subir K. Sanyal, PhD

Geothermal Resource Group Inc. (GRG) announced today that GRC Member Dr. Subir K. Sanyal, PhD, has joined GRG as Senior Technical Advisor to assist in their geothermal consulting client base, including resource evaluation and feasibility studies, reservoir engineering, geosciences, and drilling engineering. Dr. Sanyal was formerly President and Senior Technical Advisor for GeothermEx Inc., a Schlumberger company, based in Richmond, California.

Dr. Sanyal’s unparalleled geothermal industry expertise includes project financing and management, economic analysis, property appraisals, reservoir engineering, numerical simulation and training of reservoir engineers.

Dr. Sanyal has served as an expert witness in numerous trials and international arbitration proceedings involving geothermal resources. He has conducted technology transfer programs in Japan, Greece, Bolivia, Indonesia, Brazil and the Philippines, and has evaluated geothermal fields in more than two dozen countries.

Dr. Sanyal has also assisted clients in geothermal power sales and steam sales contract negotiations, and market studies, and provided advice and due diligence for project financing in numerous countries. To date, this has enabled the generation of more than 7,000 MW of geothermal power; the total financed being more than US $12,000,000,000.

Bill Rickard, President of Geothermal Resource Group Inc., commented that “Subir’s extensive experience in the global geothermal industry, particularly in the area of resource evaluation and project financing, will allow GRG to better assist a wider array of clientele, and provide expert advice to our growing staff of geothermal professionals.”