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Tuesday, March 7, 2017

Nicaragua: Turbine Maintenance Successfully Completed at the San Jacinto Geothermal Project

Polaris Infrastructure Announces 2016 Year End Results (News Release)

2015/2016 Drilling Program has increased capacity to 60 MW

(Courtesy Polaris Infrastructure)
Vancouver, Canada-based  Polaris Infrastructure Inc. has reported its audited financial and operating results for the year ended December 31, 2016.

2016 saw critical investment into the San Jacinto project, stemming from the recapitalization transaction that occurred in 2015. The result of this drilling and infrastructure program is the addition of two new production wells (SJ 6-3 and SJ 9-4), which have brought about a step-change in average productive capacity at the San Jacinto project, from approximately 48-50 MW (net) before the drilling program, to approximately 60 MW (net) after it.

The 2015/2016 Drilling Program also included a new injection well (SJ 14-1), mechanical workover of four pre-existing injection wells and several important investments in above-ground infrastructure.

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