HAWAII ENACTS PERMANENT H2S REGULATIONS
HAWAII ENACTS PERMANENT H2S REGULATIONS PORTLAND, Ore., June 23 /PRNewswire/ -- OESI Power Corp.
(NASDAQ: OESI) announced that on June 19, the governor of the state of Hawaii had approved regulations establishing a new statewide standard of H2S emissions. These regulations are scheduled to become effective on June 29 following a mandatory 10-day waiting period. The company anticipates that Puna Geothermal Venture ("PGV") will meet the new standard and its H2S emissions permit will be reissued.
PGV (a 51 percent-owned joint venture of OESI) expects to resume drilling activities, commencing with the completion of the KS-8 well, following the 10-day waiting period and reissuance of its existing H2S emissions permit. The company anticipates that shortly after successful completion of the KS-8 well, PGV will begin generating commercial quantities of electricity. OESI acquires, develops, operates and sells interest in geothermal power plants in the western United States, Alaska and Hawaii. -0- 6/23/92 /CONTACT: Jim Porter, CEO, 503-636-9620, or Hezy Ram, president, 702-355-5666, both of OESI Power/ (OESI) CO: OESI Power Corp. ST: Oregon, Nevada IN: UTI OIL SU: JL-KJ -- LA006 -- 2688 06/23/92 08:31 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Jun 23, 1992|
|Previous Article:||CAMBRIDGE BIOTECH CORPORATION SIGNS INTENT TO ACQUIRE MINORITY STAKE IN IMMUCELL CORPORATION|
|Next Article:||NATIONSBANK TO HOLD FORUM FOR LAW FIRMS OWNED BY MINORITIES AND WOMEN|