About Us
Geological energy for a sustainable future
All Natural Swedish Energy AB is a Swedish geological energy company focused on identifying, acquiring, and developing subsurface energy and mineral resources across Sweden.
Founded by experienced international energy and mining professionals, we combine deep geological expertise with rigorous scientific analysis to unlock the value of Sweden's rich but underexplored geological assets.
Sweden offers a unique combination of geological potential, regulatory stability, and alignment with the global energy transition — making it an exceptional jurisdiction for responsible resource exploration and development.
Our Strategy
Exploring and developing Sweden's subsurface resources
Acquire
Identify and secure mining and exploration rights across geologically promising areas of Sweden.
Explore
Apply decades of international experience and advanced data analysis to evaluate resource potential with rigour.
Develop
Advance promising assets toward production or partnership through development, joint ventures, or strategic divestment.
Our Assets
Swedish mineral and energy rights
All Natural Swedish Energy has evaluated exploration and mining rights across multiple regions in Sweden. Our efforts encompass a range of geological targets including critical elements, energy resources and mineral deposits.
We are focusing on areas with strong geological indicators and favourable regulatory conditions.
Details of specific assets are available to qualified investors and partners upon request.
Deep Geothermal
Tapping the heat of the Fennoscandian Shield
Beneath Sweden lies the Fennoscandian Shield, ancient crystalline bedrock that grows steadily hotter with depth. At five to seven kilometres, temperatures exceed 120 °C, enough to feed district-heating networks, and in time power generation, with a stable, weather-independent renewable resource. Pioneering wells have already proven the concept in Nordic rock: the FFC-1 well in Malmö was deepened to 3.1 km into the crystalline basement in 2020, the DGE-1 well in Lund reached 3.7 km, and in the same Shield geology in Espoo, Finland, St1 drilled the world's deepest geothermal wells to 6.4 km and safely stimulated the reservoir.
Deep geothermal has historically been held back by drilling cost, traditionally more than half of a project's total capital cost. That is changing fast. Techniques transferred from the shale industry, including polycrystalline diamond (PDC) drill bits, horizontal drilling and repeatable well-factory learning curves, have cut drilling times in hard granite by 70% in two years, roughly halving the cost per well, while research programmes have increased penetration rates in crystalline rock five-fold. What was uneconomic a decade ago is rapidly approaching commercial viability, and Sweden's geology is ready for it.
Sweden's deepest urban well
The FFC-1 well in Malmö, deepened into the crystalline basement in 2020, charting the path to EGS depths of 5–6 km.
Faster drilling in granite
Reduction in hard-rock drilling time achieved between 2022 and 2024 using PDC bits and repeatable well factories, roughly halving the cost per well.
Of capital cost is drilling
Every advance in drilling technology flows straight into project economics, the key that unlocks Sweden's deep heat.
Leadership
Board of Directors
Grant Strem
Chairman & Co-founder
Seasoned energy professional with deep expertise in geology, oil and gas, hydrogen production, and carbon sequestration. Brings decades of experience in energy consulting, strategic leadership, and the full lifecycle of subsurface resource development. Focused on identifying and realising geological energy opportunities in Scandinavia.
Setayesh Afshordi
Co-founder
Experienced energy executive specialising in energy transition, enhanced oil recovery, hydrogen, and geothermal development. Proven track record in business development, subsurface strategy, and operational excellence across international energy markets. Brings executive leadership from founding and growing energy consultancies.
Martin Millnert
Board Member
Co-founder and CEO of BrainMill, with a background in computer science engineering from Chalmers. Specialises in applied AI, large-scale data processing, and cloud operations — building the analytical and automation infrastructure that underpins modern resource exploration. Experienced in delivering mission-critical systems across data-intensive industries.
Behnaz Pirzamanbin
Board Member
Associate Professor at Lund University in mathematical statistics and image analysis. PhD research in earth systems modelling as part of the Swedish strategic research programme MERGE, working across physical geography, ecosystem science, and climate research. Brings advanced statistical and geospatial modelling capabilities to resource estimation and geological analysis.
Management
Peter Hermansson
CFO
Alexander Waplan
Project Manager
Advisors
Sam Charanek
Advisor
For Investors
Join us in unlocking geological value
All Natural Swedish Energy offers investors exposure to Sweden's geological energy and mineral potential through a focused, professionally managed exploration programme.
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