Swedish oil and gas properties

 AB Igrene & GGM Global Green Management AB

http://www.igrene.se/1/The_Siljan_Ring.html


The Company

AB Igrene was launched in its current format in 2002 by Mats Budh, Soren Hedberg and Paul Storm. The focus was initially the development of alternative energy, particularly geothermal, but also gas and oil.

In 2004, AB Igrene invested in GGM (Global Green Management AB), which develops a machine for converting low temperature water into electrical energy.

In 2009 the break through year for gas ocurred. In drilling for hot water copious amounts of methane gas was found in several boreholes. This has meant that the main focus today is to explore the magnitude of the natural gas found in the Siljan Ring.

Prerequisites

AB Igrene has claimed approximately 53,000 hectares in that part of the Siljan Ring, which has sedimentary bedrock. This means that the company has an exploration permit to search for gas and oil.

20°C hot water was found in several boreholes. This means that the prerequisite of geothermal heat is well met.

AB Igrene has during 2009 increased its shareholding in GGM from 2.4% to 8.6%. GGM has completed a fully functional demonstration machine, that from 40°C hot water generates electricity. The company is now developing a machine that can generate electricity from hot water, about 20°C and warmer.

Conclusion

AB Igrene has a three prong supporting foundation:

• Gas

• Geothermal heat

• Technology for converting low temperature water
into electricity


The Siljan Ring

Approximately 377 million years ago the Earth was hit by one of the world's largest, now known, meteorite impacts. Subsequently, the so called Siljan Ring was formed.

1.The Meteorite, which was about 5 km in diameter hit the earth's surface with a velocity of around 11 km per second. The impact caused an enormous explosion that affected the crust more than 20 km deep down below.

2.The returning pressure from within the earth eventually led the magma to rise back up into the center of the impact crater.

3.Today, the high mountains that were formed at the impact crater have eroded away. In the center is a high plateau surrounded by a lower annular valley, and here you can find the remains of the sediment cover that existed before the impact. The lowest areas are flooded and are now including the lakes Siljan and Orsasjon (see satellite photo).
This phenomenon has given us unique opportunities to find gas, oil and geothermal heat.

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Contact

Please contact us for more information regarding:


AB Igrene & GGM Global Green Management AB


Please contact us for more information regarding:


AB Igrene & GGM Global Green Management AB


Address
Skålmyrsvägen 36
792 50 Mora

Sweden

Telephone +46250-158 37
Telefax +46250-140 97

Mail
info@igrene.se