More Progress at Blue Mountain

01.22.08 | Comment?

Drilling at Blue Mountain, Nevada
Nevada Geothermal Well 4 Drilling
Photo Credit: Nevada Geothermal

Via Yahoo News:

VANCOUVER, BRITISH COLUMBIA–(MARKET WIRE)–Jan 18, 2008 — Nevada Geothermal Power Inc. (NGP) (CDNX:NGP.V – News)(OTC BB:NGLPF.OB – News) is pleased to announce positive results from Well 25-14, completed to a depth of 2370 feet (722 metres), having intersected a strong production zone at 2270 feet (692 metres).

Rig-on flow testing on January 7, 2008, encountered temperatures of 378 degrees F (192 degrees C) and the capacity of this well is expected to be similar to Well 26A-14 and Well 23-14. Longer term testing is planned and results are expected in the next month.

“We are very pleased with the success of how the development drilling is proceeding at Blue Mountain Faulkner I Power Plant. We have drilled approximately 20 MW net capacity from just three wells,” stated Brian Fairbank, President & CEO.

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This has to be considered excellent news for Nevada Geothermal, the Blue Mountain project is really beginning to shape up. The last major hurdle for development of the site is transmission, the site is 20 miles from an appropriate interconnect. Given the characteristics of the resource they’re developing, getting a line through should be possible. Of course there are many regulatory and legal aspects to complete that portion of the project. According to Nevada Geothermal, the transmission project is on target and drilling at the site will continue.

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