Nicaragua: "Moderately Productive Well" Drilled at San Jacinto Geothermal Project

Polaris Infrastructure Announces Conclusion of Drilling Production Well SJ6-3 (Digital Journal)

(Courtesy Polaris Infrastructure)

Toronto-based Polaris Infrastructure Inc. provides the following update on the San Jacinto drilling campaign.

Polaris Energy Nicaragua, S.A., recently completed drilling well SJ6-3, the first of three new production wells for the San Jacinto project. Preliminary measurements of temperature and drilling fluid losses suggest a moderately productive well, though at this early stage we are unable to measure steam flows. The new well will require a 30 to 60 day heating-up period during which valuable temperature data will be collected, after which we will have thermal recovery and move to production testing. With additional measurements available to us, we will have a more granular view with respect to production capability and anticipated megawatt contribution. We will also be in position at that time to provide an update with respect to the process of connecting SJ6-3 with the San Jacinto power plant.

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