Annual Report 2017
HS Orka
CEO Statement
Address of the COB
Overview of the year
Board of Directors
Operation
Electricity purchases and sales
Resources
Resource Park
Development projects
Development
Deep drilling
Society and environment
Human resources
Health and safety
Climate change goals
Quality management
Visitors and hiking
Financial Statement
IS
Overview
of the year
Profit
Bill. ISK
Operating revenue
Bill. ISK
EBITDA
Bill.ISK
Equity Ratio
Total production
GWh
Hot water
Thousand m
3
January 25. 2017
IDDP2 drilling completed
February 1. 2017
Completion of IDDP 2 drilling phase celebrated
February 8. 2017
Repairs to well RN-30 completed
February 14. 2017
HS Orka makes successful bid for tender released by the Icelandic Road and Coastal Administration
February 27. 2017
Financial Statement for 2016 published
March 23. 2017
Housewarming party at Svartsengi
March 28. 2017
HS Orka´s Annual Meeting
May 10. 2017
IDDP2 Post Drilling Workshop
May 16. 2017
Announcement: Possible sale of 30% share of Blue Lagoon
June 6. 2017
HS Orka awarded Energy Globe Award for the Resource Park
July 1. 2017
5 year re-conditioning of system 2 in Reykjanes
August 3. 2017
Decision made against the sale of HS Orka‘s shares in the Blue Lagoon
August 10. 2017
Figures for first half of accounting year published
September 3. 2017
Preparation work begins on the Brúarvirkjun project
September 14. 2017
Loan agreement signed with Arion Bank
September 22. 2017
Autumn Meeting of the Women in Energy Affairs Association held at Svartsengi
September 25. 2017
Drilling completed on well 35 in Reykjanes
October 31. 2017
Merger announced between Alterra and Innergex
November 10. 2017
Figures for first nine months of accounting year published
November 16. 2017
Power Purchase Agreement signed between HS Orka and Icelandair
November 17. 2017
Contract signed between HS Orka and Eignaumsjón
December 7. 2017
Drilling begins on well RN-36
December 7. 2017
Well 26 connected
December 19. 2017
Annex to the framework agreement with Advania, on increased electricity sales to data centers, signed
Address of the COB
Board of Directors