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Strategies & Market Trends : Stock Exchange Graduates

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To: ~digs who wrote (50)5/7/2008 8:29:22 PM
From: ~digs   of 67
 
Wednesday May 7, 9:00 am ET
BOISE, Idaho, May 7 /PRNewswire-FirstCall/ -- U.S. Geothermal Inc. (Amex: HTM, TSX: GTH) ("U.S. Geothermal"), a renewable energy company focused on the production of electricity from geothermal energy, announced today that drilling has begun the first full size exploration well at the Neal Hot Springs Project located in eastern Oregon. Well NHS-1 is permitted for 3,500 feet of depth and is being drilled parallel to the discovery well drilled in l979 by Chevron Resources. The drilling program is estimated to take 30 days and will be followed by a well flow test and reservoir program of approximately 60 days.
biz.yahoo.com
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