Current RZE:CA Stock Info

By Tyler Losier, Energy Reporter, Oil & Gas 360

Geothermal power project gets $7 million contribution
Razor Energy Corp. (stock ticker: RZE), a Canadian oil and gas company based out of Calgary, has partnered with the Canadian government through Natural Resources Canada, as well as Alberta Innovates, to develop a geothermal electricity project.

The technology behind the project works by taking earth heat produced as part of normal oil and gas operations, capturing it, and harnessing that energy to add to the company’s power revenues. This strategy allows Razor to repurpose its hydrocarbon assets for renewable energy generation, while at the same time working to reduce emissions.

Razor Energy's assets (source: Razor Energy)...

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