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TEMPORARY RESTRAINING ORDER PLACED ON PUNA GEOTHERMAL VENTURE

 TEMPORARY RESTRAINING ORDER PLACED ON PUNA GEOTHERMAL VENTURE
 SPARKS, Nev., April 8 /PRNewswire/ -- OESI Power Corp. (NASDAQ: OESI) announced today that on April 6, 1992, the Third Circuit Court of the State of Hawaii granted a temporary restraining order ("TRO") which for the next 10 days enjoins certain activities of the company's Hawaiian affiliate, Puna Geothermal Venture ("PGV"), under PGV's authority to construct ("ATC") permits for PGV's geothermal operations in Hawaii. This same court commenced another hearing on April 7, 1992, to consider the plaintiff's motion for summary judgment that PGV's ATC permits are null and void and PGV's motion to set aside the TRO and dismiss the action. This hearing has been continued until April 9, 1992. PGV will continue to oppose vigorously any limitations on its ability to complete and commence operation of the PGV project.
 OESI Power Corp., through its subsidiaries and affiliates, acquires, develops, operates and sells interests in geothermal power projects in the western mainland states, Alaska and Hawaii.
 -0- 4/8/92
 /CONTACT: Linda Stewart of OESI Power Corp., 702-355-5666/
 (OESI) CO: OESI Power Corp. ST: Nevada, Hawaii IN: UTI OIL SU:


CH -- NYON1 -- 6057 04/08/92 08:06 EDT
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Publication:PR Newswire
Date:Apr 8, 1992
Words:197
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