US Geothermal starts drilling additional gradient wells in Guatemala
Pacaya and Agua volcanoes as seen from Guatemala City (source: Commons/ wikimedia, Sir James)
Alexander Richter
14 Oca 2014
U.S. Geothermal reports higher than anticipated resource temperatures at its geothermal power project El Ceibillo in Guatemala and now plans a second round of drilling gradient wells.
In a company update yesterday, U.S. Geothermal announces that it has completed “evaluation and testing of well EC-1, at its El Ceibillo project in Guatemala.
The tests “confirm a higher than anticipated resource temperature of 526degF (274degC). Based on the results of EC-1, a second round of drilling was planned. The drilling has now started last week and will include the drilling of a series of eight to ten 650 foot (200 meter) gradient wells that will be used to further map the underlying geothermal resource and assist with identifying future drilling targets. This second round drilling program is expected to continue over the next three to four months.”
Source: Company release via Wall Street Journal
