Thursday, August 30, 2012

Philippines:

Maibarara Drills New Geothermal Well (Bloomberg)

Maibarara Geothermal Power Project Location 
(Courtesy Maibarara Geothermal Inc.)
Maibarara Geothermal Inc., a Philippines-based developer, will today begin drilling a new well at its geothermal project in Batangas province.

The well will be used to re-inject condensate fluids from the 20 MWe geothermal project in Santo Tomas into a reservoir below ground to recharge the system, Maibarara’s majority owner Petroenergy Resources Corp. (PERC) said in a statement.

Maibarara, based in Pasig, announced the plans after this month completing a third production well to supply steam to the plant, expected to begin operating late 2013.

Read More.....