209  0 Kommentare WESTERN GEOPOWER DRILLS 50% OF STEAM RESOURCE WITH 3 WELLS

NEWS RELEASE

DATE: October 22, 2008
FOR IMMEDIATE RELEASE

TRADING SYMBOLS: TSX-V (Canada): WGP.V FRANKFURT: WE6.F

WESTERN GEOPOWER DRILLS 50% OF STEAM RESOURCE WITH 3 WELLS

VANCOUVER, Canada, October 22, 2008, TSX Venture Exchange Trading
Symbol: WGP - Western GeoPower Corp., a renewable energy development
company, today announced that 50% of the steam resource required to
supply the planned 35 MWe Western GeoPower Unit 1 plant at The
Geysers Geothermal Field in California, has been successfully placed
behind pipe with the drilling and completion of the third well,
WGP-3. The three wells have established a power capacity of 19.7 MW
(gross) or 17.8 MW (net). Well WGP-3 is located approximately one
mile northwest of the WGP-1 well.

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Flow testing carried out by independent consultants GeothermEx, Inc.
on completion of well WGP-3 has demonstrated an initial steam
production rate of 114,000 pounds per hour at a flowing wellhead
pressure of 80 psia. Given the plant requirement of 16,130 pounds
per hour per MW (gross) or 17,740 pounds per hour MW (net) at a
flowing wellhead pressure of 80 psia, this well is estimated to have
a power capacity of 7.1 MW (gross) or 6.4 MW (net).

Recent flow testing carried out on well WGP-1 established a power
capacity of 10.0 MW (gross) or 9.0 MW (net) and well WGP-2
established a power capacity of 2.6 MW (gross) or 2.3 MW (net). The
average power capacity for the three wells is 6.5 MW (gross) or 5.9
MW (net).

"The results of drilling to date have been very satisfactory, with
well WGP-1 being the most productive well drilled at the Geysers over
the past two decades and well WGP-3 being one of the most
productive, " said Dr. Subir Sanyal, President of GeothermEx. "The
average well capacity of the three wells is far above the average
capacity at The Geysers field today."

California-based GeothermEx is a recognized international authority
in the evaluation of geothermal resources and has been involved in
the development of all the producing geothermal fields in the United
States and over 750 projects worldwide. Their knowledge of The
Geysers geothermal field is extensive, having been associated with
the development of the field for over 30 years.

The rig is being skidded across the pad to begin drilling well WGP-4