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OESI POWER: HAWAII REISSUES PGV'S PERMITS; DRILLING RESUMES

 OESI POWER: HAWAII REISSUES PGV'S PERMITS; DRILLING RESUMES
 PORTLAND, Ore., July 21 /PRNewswire/ -- OESI Power Corp. (NASDAQ: OESI) announced that the Hawaii State Department of Health has reissued Puna Geothermal Venture's ("PGV") Authority to Construct permits under its recently approved regulations that established a new statewide standard for H2S emissions.
 Following reissuance of the permits, PGV (a 51-percent-owned joint venture of OESI) will resume drilling activities, commencing with the completion and flow test of the KS-8 well. The company anticipates that PGV will begin generating commercial quantities of electricity shortly after the successful completion of the well.
 OESI acquires, develops, operates and sells interests in geothermal power plants in the western United States, Alaska and Hawaii.
 -0- 7/21/92
 /CONTACT: James W. Porter Jr. or Hezy Ram of OESI Power, 503-636-9620/
 (OESI) CO: OESI Power Corp.; Hawaii State Department of Health; Puna
 Geothermal Venture ST: Oregon, Hawaii IN: OIL SU: JVN


SC-LM -- SF002 -- 1110 07/21/92 08:39 EDT
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Publication:PR Newswire
Date:Jul 21, 1992
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