Company News

Company News includes news posted by Sage Geosystems™ about updates and changing occurring within the company and/or operations.

PRESS RELEASE: Sage Geosystems and Nabors Industries team up to accelerate commercialization of geothermal energy

Sage Geosystems™ | June 24, 2021 HOUSTON, Texas, June 24, 2021 — Sage Geosystems Inc. (Sage), Nabors Industries (Nabors), and Virya, LLC (Virya) are excited to announce the signing of a $12 million financing led by Nabors. Nabors and Virya will invest $10 million and $2 million, respectively. The proceeds of this financing will be […]

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PRESS RELEASE: Sage Geosystems Partners with UT Austin’s Bureau of Economic Geology in US Air Force Funded Study Aimed at Developing Geothermal Energy at Ellington Air Force Base

Feasibility study to support development of Sage’s closed loop geothermal energy systems on military bases, with Houston’s Ellington Air Force base first in line. HOUSTON, Texas – Texas based geothermal energy company Sage Geosystems and the Bureau of Economic Geology (Bureau) at the University of Texas at Austin Jackson School of Geoscience have been selected by the US Air Force

PRESS RELEASE: Sage Geosystems Partners with UT Austin’s Bureau of Economic Geology in US Air Force Funded Study Aimed at Developing Geothermal Energy at Ellington Air Force Base Read More »

PRESS RELEASE: Sage Geosystems Investment Builds Unprecedented Partnership Between Oil and Gas Expertise and Climate Venture Funding

Texas based geothermal energy firm led by former oil and gas executives to drill their Phase I demonstration well in Texas early this year, with eyes on big oil pivot HOUSTON, Texas – Sage Geosystems (Sage), a venture focused on ‘hot dry rock’ geothermal energy development, announced it has closed a $3 million Series A

PRESS RELEASE: Sage Geosystems Investment Builds Unprecedented Partnership Between Oil and Gas Expertise and Climate Venture Funding Read More »

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