Geothermal reservoir assessments and classifications according to Geothermal Reporting Codes
In order to increase investor confidence in the geothermal energy sector, geothermal codes for public reporting have been developed and issued by the Canadian and Australian Geothermal Energy Associations in the past two years. The geothermal codes provide a minimum set of requirements for standardized public reporting of exploration results, geothermal resources and geothermal reserves. The codes will provide a basis for transparency, consistency and confidence in the public reporting of geothermal information. Geothermal codes provide a reporting basis that is satisfactory to investors, stakeholders and capital markets such as the Canadian Securities Exchanges and the Australian Stock Exchange.

The Mannvit exploration team is a leading consultancy when it comes to resource assessments and classifications according to the geothermal reporting codes. The Mannvit team has performed several resource assessments and classifications and produced reports according to both the Australian and the Canadian reporting codes. Mannvit is a member of the Canadian Geothermal Energy Association (CanGEA) and is registered as “Qualified Person” under the Canadian Geothermal Reporting Code. This bears out the quality work of Mannvit in the field of geothermal exploration and reservoir engineering.

Project example:
In 2010, Mannvit prepared a resource assessment and classification report for Oski Energy, LLC on a geothermal resource in California, according to the Canadian Geothermal Reporting Code. The project included: review of existing technical information, such as geothermal exploration, drilling, temperature and production monitoring data; review and confirmation of the existing conceptual model; temperature distribution delineation; volumetric resource assessment with Monte Carlo statistical approach and resource and reserve classification.