1. Let’s Get Energy Directly Where it is
For Equal Independency and Prosperity
2. 2
Renewables Today and Predictions for Future
Currently 1,2 bilion people with no access to electricity
Exponential leap is a must for each of
them
Fossil fuels not truly desirable anymore
Technological issues as limits for real
usage of all renewable energies
3. 3
Limitless Reservoir of Energy under Our Feet Anywhere
Why We don’t Use it?
99% of the Earth volume has
more than 1000 oC
BUT AT PRESENT
99%
Reservoir of geothermal energy
for 6 billion years +
6
billion
Only 3% of the Earth land can
use geothermal energy
3%
4. 4
Limited Number of Geothermal Power Plants at Present
Near tectonic faults with hot spots 2-4 km under surface
Source: http://www.thinkgeoenergy.com/map/
5. 5
Efficient production of
electricity + production of heat
Too low for efficient production
of electricity
Depth as a Key Differentiator of Geothermal Energy
Can you Imagine Multiple Icelands Worldwide?
≤ 180oC 250oC
6. 6
Benefits of Ultra Deep Geothermal Energy
But Technologically and Economically not Accessible yet!
7. 7
Economically accessible by
conventional drilling
DEEP GEOTHERMAL SYSTEMS 5 km
Economically accessible
ONLY BY PLASMABIT
ULTRA DEEP GEOTHERMAL SYSTEMS 10 km
Ground Breaking Drilling Technology PLASMABIT
Enables Opening Ultra Deep Geothermal Reservoirs
8. 8
Protected by 12 patents
Pulsed non-contact drilling based
on plasma with more than 5000°C
Method of
drilling
Cost per meter
with increasing depth
Conventional EXPONENTIAL increase
PLASMABIT LINEAR increase
Cost per Meter One Order of Magnitude Lower
PLASMABIT Can Unlock Ultra Deep Reservoirs
9. 9
PLASMABIT with the Temperature more than Surface of Sun
How Does it Work?
Electric arc with a rotation 800 times per second produces
a continuous plasma discharge
10. 10
PLASMABIT – Unique Features and Benefits
Disruptive Technology for 21th Century Energy Mix
Disintegration of any material
Compatible with existing technologies
High pressure, high temperature conditions
Preserves natural resources
Contactless – no wear and tear
Light infrastructure
11. 11
One Technology Platform PLASMABIT
Various applications and Spin-offs
MILLING FOR OLD WELL
INTERVENTION
DRILLING FOR NEW WELL
CONSTRUCTION
ULTRA DEEP DRILLING
FOR GEOTHERMAL ENERGY
12. 12
Milling – Prototype for First Application Ready for Tests
Ecological and Efficient Plug&Abandonment Operation
Field tests in 4Q 2017 Market entry in 2018
13. 13
1200 sq. m
Technology Center Testing Facility
1200 sq. m
€
11.2 M
Infrastructure and equipment
PLASMABIT Technology is Developed by GA Drilling
Proven Team of Enterpreneurs, Experts and Visionairs
GA Drilling is hi-tech company with 80+ employees
10+ DOCTORAL LEVEL AND 40+ MASTER LEVEL ENGINEERS
Already invested in the company
20 M
€
€
15. 15
GA Drilling Recognized and Supported by EU
Well Patented Proposition, International Set-up
Continuously supported
by the European Union
Framework Programs:
15 + grants
2 Granted Patents
3 US + EU Patent Applications
7 PCT Patent Applications
2 Industry Designs
15
grants
12
patents
HQ in Bratislava, Slovakia
representative offices
in Aberdeen,
London, Houston
and Masdar City
4
branches
16. 16
Let’s Share and Support the Vision of GA Drilling
Geothermal Energy Anywhere Anytime and for Everyone
17. 17
Bill Gates
Co-chair
Bill & Melinda Gates Foundation
United States
Richard Branson
Founder
Virgin Group
United Kingdom
Jeff Bezos
Founder and CEO
Amazon
United States
Ratan Tata
Chairman Emeritus
Tata
India
Mark Zuckerberg
Founder, Chairman and CEO
Facebook
United States
Vinod Khosla
Founder
Khosla Ventures
United States
George Soros
Chairman
Soros Fund Management
United States
Major Global Challenges and GA Drilling
Tackling Energy, Water, Food, Environment and Poverty Issues
22. 22
Iteration Cycle in GA Drilling Technology Center
From Research through Designing and Experiments to Analysis
23. 23
Solar Energy does not Match with Population Distribution
Comparison of Maps - Visible only in Slide Show Mode
Source: http://www.vaisala.com
24. 24
Wind Energy does not Match with Population Distribution
Comparison of Maps - Visible only in Slide Show Mode
Source: http://www.vaisala.com
25. 25
Ultra Deep Geothermal Energy vs. Population Distribution
Comparison of maps - Visible only in Slide Show Mode
Source: http://www.vaisala.com
North America, Europe and Australia
26. 26
Solar, Wind, Deep and Ultra Deep Geothermal Sources
Comparison
Weather
Proof
Low Area
Footprint
Electricity
Cost S/kWh
Direct
Heat
Independant
of Lithium
Battery for
Storage
Transport
Energy
Solar
Wind
Deep
geothermal
(>5km)
Ultra deep
geothermal
(10 km)
27. 27
Solar, Wind and Geothermal Sources
Comparison of Land Use
Which countrysite would you prefer for your family life?
Wind
farms
Solar photovoltaitic
panels
Geothermal underground
power plant
28. 28
BOARD MEMBER
PRODUCT DEVELOPMENT
Specialization in
design,
well engineering,
operations.
Iain Pittman
BOARD MEMBER
BUSINESS GROWTH
Previously CEO of
Decom North Sea,
uniquely experienced
engineer with O&G,
nuclear, environmental
market
Nigel Jenkins
BOARD MEMBER
TECHNOLOGY DEVELOPMENT
50-years work experience
in the petroleum industry.
Scientific ultra-deep wells
drilling projects.
Mikhail Gelfgat
MEMBER OF THE BOARD
FINANCIAL STRATEGY
Board and advisory
positions in globally
innovative technology
companies. Previously
Head of Europe at the
World Economic Forum.
Martin Bruncko
BOARD MEMBER
BUSINESS STRATEGY
President and Chairman
of Executive Board of
Schoeller-Bleckmann
Oilfield Equipment AG
Gerald Grohmann
Leadership of Visionaires and Experienced Enterpreneurs
Backed-up by Board of Drilling Industry Veterans
R&D management in different areas
Founders: Ivan, Igor and Dušan Kočiš; Tomáš Krištofič
Building companies from the scratch
Scaling companies and diversified funding
8 years directly in R&D for drilling, well
construction and intervention
Team highly skilled in
29. 29
Private Investments
Equity investments from
founders, financial
investors, and strategic
investors
Industry Support
Focused financial
contribution from O&G
partners through Joint
Industry Projects
Debt and convertible debt – including bridging credit line
Grants
EU Structural Funds
International
Projects
National Grants
321
THREE PILLAR FUNDING STRATEGY
Three Pilar Funding Strategy
30. 30
ULTRA DEEP DRILLING FOR GEOTHERMAL
ENERGY ANYWHERE
Application
Time to market2016 2018 2020 2021+
Time to Market for PLASMABIT Platform Applications
Cascade from Simple to More Complex Technology
Complexity of
application
2017
NEW WELLS DRILLING + MINING
+ TUNNELING
ECOLOGICAL OLD WELLS PLUG
& ABANDONMENT
ONSHORE FIELD TRIAL
CORE TECHNOLOGY
DONE
2
1
3
4
31. 31
Exploration and increase of
productivity
The cleanest form of fuel for all
mobile use – flights, motoring,
shipping
Platform PLASMABIT Technology and Prospective Spin-offs
For Energy, Water, Resources and Space
Geothermal heat for desalination
of sea water and purification of
sawage and river water
Asteroid exploration and mining
of rare elements and geothermal
energy for Mars
32. 32
GA Drilling at Present
Hightech Labs, Robust Infrastructure and Own Testing Site
34. 34
Priority Date Title
US/EU/SK
Patent Number
29.6.2007
EQUIPMENT FOR EXCAVATION OF DEEP BOREHOLES IN GEOLOGICAL FORMATION AND
THE MANNER OF ENERGY AND MATERIAL TRANSPORT IN THE BOREHOLES
US 8,082,996
5.2.2009
EQUIPMENT FOR REALIZATION OF DEEP BOREHOLES AND METHOD OF REALIZATION OF
DEEP BOREHOLES
US 8,944,186; EP2394015;
SK 288264
Priority Date Title
PCT/EU/US
Application Number
29.6.2007
EQUIPMENT FOR EXCAVATION OF DEEP BOREHOLES IN GEOLOGICAL FORMATION AND
THE MANNER OF ENERGY AND MATERIAL TRANSPORT IN THE BOREHOLES
PCT SK2008-050009;
EP08767327
5.2.2009
EQUIPMENT FOR REALIZATION OF DEEP BOREHOLES AND METHOD OF REALIZATION OF
DEEP BOREHOLES
PCT SK2010-050002
11.4.2011 METHOD OF DISINTEGRATING ROCK BY MELTING AND BY SYNERGISM OF WATER STREAMS
PCT SK2012-050015;
EP12812412
24.10.2012
THE PROCESS OF CASING CREATION BY ADDITIVE WAY IN WELLS AND EQUIPMENT FOR
ITS IMPLEMENTATION
PCT SK2013-050008;
EP13812204; US 14/693,713
24.10.2012
MULTIMODAL ROCK DISINTEGRATION BASE OF THERMAL ACTION AND SYSTEM FOR ITS
IMPLEMENTATION
PCT SK2013-050015;
EP13826895; US 14/653,233
3.5.2013
GENERATION OF ELECTRIC ARC DIRECTLY THERMALLY AND MECHANICALLY EFFECTING
THE MATERIAL AND EQUIPMENT FOR GENERATING ELECTRIC ARC
PCT SK2014-050006
EP14718791; US 14/773,178
18.9.2013
CASING CREATION BY LAYERING OF MATERIAL USING KINETIC SPRAYING AND EQUIPMENT
FOR ITS IMPLEMENTATION
PCT SK2014-050021
US 15/022,190
23.12.2014
METHOD OF REMOVING MATERIALS BY THEIR DISINTEGRATION BY ACTION OF ELECTRIC
PLASMA
PCT SK2015-050014
Priority Date Title Utility Model Number
9.11.2011 HIGH PREASURE CHAMBER FOR PROTECTION OF ELECTRONICS UV-6240
30.12.2011 ROBUST SENSOR FOR DETERMINATION OF THE POSITION UV-6239
Priority Date Title Trademark Number
5.10.2015 PLASMABIT POZ 2051-2015
COMPANY AND MANAGEMENT OVERVIEW
INTELECTUAL PROPERTY RIGHTS