CANADIAN CREW ENERGY - DRILLING PHASE OF INITIAL GEOTHERMAL WELL COMPLETED - TESTING PHASE NOW COMMENCED.VANCOUVER, BC--(BUSINESS WIRE)--Aug. 8, 1995-- Pacific GeoPower, a joint venture of Canadian Crew Energy Corp. and Guy F. Atkinson Holdings Ltd., the Canadian subsidiary of Atkinson, has completed drilling the initial large diameter deep geothermal ge·o·ther·mal also ge·o·ther·mic adj. Of or relating to the internal heat of the earth. ge well into the South Meager mea·ger also mea·gre adj. 1. Deficient in quantity, fullness, or extent; scanty. 2. Deficient in richness, fertility, or vigor; feeble: the meager soil of an eroded plain. 3. Geothermal resource area located approximately 100 miles north of Vancouver, B.C., Canada. The Joint Venture has now begun the testing phase of the project, which is expected to be completed in the fourth quarter of 1995. Jack Agresti, Atkinson's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. stated, "We are encouraged that our drilling program produced temperatures and inflow in·flow n. 1. The act or process of flowing in or into: an inflow of water; an inflow of information. 2. rates sufficient to proceed to testing, and we are anxious to complete the testing program to determine the geothermal production characteristics and energy capacity of this site." The site of the Pacific GeoPower well was chosen based upon an exploration and research program conducted by B.C. Hydro from 1973 to 1983. The data produced by the B.C. Hydro program was evaluated by GeothermEx Inc., a California company known for its expertise in geothermal research, and by the University of Utah The University of Utah (also The U or the U of U or the UU), located in Salt Lake City, is the flagship public research university in the state of Utah, and one of 10 institutions that make up the Utah System of Higher Education. Research Institute. Technical data from Pacific GeoPower's drilling and testing programs will be used to develop basic design data for a proposed 60MW geothermal plant from a geothermal resource that has been estimated by GeothermEx Inc. to have a potential of 260MW. The South Meager Creek geothermal project is Canada's first such project. Geothermal energy geothermal energy: see energy, sources of. geothermal energy Power obtained by using heat from the Earth's interior. Most geothermal resources are in regions of active volcanism. is widely accepted as it has a net positive impact on the environment when selected as an alternative to other conventional resources. With current environmental awareness and the need to move toward renewable and sustainable resources, geothermal energy has become attractive to utilities and customers. John M. Darch President CONTACT: John M. Darch, 604/683-7585, 800/444-9284 (U.S.), 604/662-3180 (Fax) REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion