Nicaragua:

Ram Power, Corp. Announces Successful Completion of Remediation Drilling Program at San Jacinto (Press Release)

Ram Power, Corp. has announced that the remediation program, which was initiated on July 18, 2013 at the San Jacinto-Tizate project in Nicaragua, has ended as of January 14, 2013.

The remediation drilling program to increase the steam resource of the project called for the refurbishment of four existing production wells as well as the replacement and perforation of specified well casings along with the deepening and forking of two wells.

The plan is expected to increase steam availability of approximately 9 to 14 MW gross or 70-110 tonnes / hour of additional net capacity bringing total generation to approximately 59 to 63 MW (net). The remediation drilling operations were led by Sinclair Knight Merz, the resource consultant for the Ram Power, and PENSA engineering personnel.

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