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Spin-Off Companies

Several ISEEE initiatives have achieved or are driving toward commercialization of technologies and processes that will make tremendous impacts on Energy & Environment industries in Alberta, the rest of Canada and abroad.

Carbon Engineering was spun out of research by University of Calgary physicist and climate scientist David Keith, ISEEE’s Director of Research and a Professor in the Schulich School of Engineering. The private company is focused on building commercial plants to capture carbon dioxide from ambient air at an industrial scale. Air capture technology is the only way to capture carbon dioxide emissions from transportation sources such as vehicles and airplanes. These so-called diffuse sources represent more than half of the greenhouse gases emitted on Earth.

Gushor Inc. was spun out of research by Steve Larter, Canada Research Chair in Petroleum Geology in in the Department of Geoscience, Faculty of Science, and an ISEEE Fellow, and by Jennifer Adams, who was a PhD student in Geoscience. Gushor is a fluid analysis and reservoir engineering company that provides innovative geochemical and reservoir engineering solutions to practical production and exploration problems in the heavy oil and oilsands industry by integration of geology, fluid properties, geochemistry and reservoir simulation.

Profero Energy Inc., founded in 2007, is a Calgary-based oil and gas technology company whose proprietary technology is based on leading biodegradation research by researchers at the University of Newcastle and the University of Calgary. Profero’s technologies are designed to recover additional energy assets from existing heavy oil wells that are no longer economically viable. The company is focused on recovering stranded heavy oil by microbially converting it to natural gas. Profero’s technology has the potential to significantly increase the recovery of heavy oil from reservoirs already fully exploited by conventional recovery methods – potentially six trillion barrels worldwide.