“The company’s drilling activity will push through this month. They are just waiting for the drilling rig and they will proceed once it arrives,” Mario C. Marasigan, the department’s director for Renewable Energy Management Bureau, said in a phone interview when asked on updates on the geothermal project.
Mr. Marasigan said BGI will drill the first exploratory well to validate resource availability. “If they confirm the resource based on the prognosis, then they will start the development phase of the geothermal field.”
Mr. Marasigan said that drilling of an exploratory well usually takes “around 30 days” and assessment will take about three months. After six months, BGI can decide if it will develop the area’s resource.
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