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DATE: April 22, 2009 FOR IMMEDIATE RELEASE
TRADING SYMBOLS: TSX-V (CANADA): WGP.V FRANKFURT: WE6.F
SOUTH MEAGER TESTING DEMONSTRATES POTENTIALLY COMMERCIAL PERMEABILITY
VANCOUVER, Canada, April 22, 2009, TSX Venture Exchange Trading
Symbol: WGP - Western GeoPower Corp., a renewable energy company,
today announced that independent consultants GeothermEx, Inc., have
recommended a drilling program at the South Meager geothermal
reservoir to target a recently-identified zone of high permeability
which has demonstrated commercial potential.
Reporting on the results of airlift-assisted flow-testing of well
MC-8, GeothermEx projected that a new deviated well starting from a
lower wellhead elevation into the same permeable zone and at a much
shorter vertical depth than well MC-8 would flow at the equivalent of
more than 6 megawatts (MW) of electrical energy. Well MC-8 itself was
unable to sustain self-flow following air lifting due to physical
constraints imposed by the deep water table.
To access the zone of permeability, GeothermEx has designed a
deviated well starting from the valley floor with a projected true
vertical depth of 1,660 meters and a total wellbore length of less
than 2,000 meters. Wellbore simulation indicates that this well could
flow at the equivalent of 6.4 MW of electrical output at a wellhead
pressure of 140 psig. If the reservoir fluid encountered by this new
well is at a greater temperature than the temperature measured in
MC-8, or should the well be drilled deeper than the targeted 1,660
meters, the megawatt capacity of the well could increase accordingly.
"The recent flow testing has corroborated our earlier projection of
high temperature, reasonable permeability and a deep water table at
South Meager," said Dr. Subir Sanyal, President of GeothermEx. "While
a deep water table has limited the well's productivity, commercial
productivity can still be achieved in a well drilled from the valley
floor and targeted to the permeable zones in wells MC-8 and MC-6."
Several excellent and easily-accessible locations for new drill pads
are available on the valley floor with ready access to the permeable
zones in MC-8 and MC-6. The Company intends to commence the
permitting process for the future wells once the snow has cleared
sufficiently to allow surveying of the sites.
"Our understanding of the geothermal reservoir characteristics at
South Meager has increased substantially," said Kenneth Macleod,
President and CEO of Western GeoPower. "We can now focus on securing
the funding and permitting necessary to complete the drilling program
and prepare a feasibility report on the project."
In 2004 and 2005, wells MC-6, MC-7 and MC-8 were drilled on a single
pad approximately 700 vertical meters above Meager Creek on the
shoulder of Pylon Peak. The pad was located closer to the projected
upflow zone of the geothermal reservoir in comparison with earlier
pads located on the valley floor. Subsequent testing confirmed that
two of the wells, MC-6 and MC-8 encountered significant permeability
and all three wells showed higher temperatures at shallower depth
than previous wells. However, the presence of the geothermal water
table at over 500 meters below the pad has inhibited the ability of
the recent wells to self flow. The wells are being maintained for
additional testing purposes and future enhancements are being
considered, such as deepening and/or sidetracking, once additional
permeable targets are identified by future drilling activities.
Further drilling is required to define the full commercial power
production potential for South Meager.
Western GeoPower continues to liaise with provincial government
agencies and key community and First Nations stakeholders in
preparation for submission of an Application for Certification of the
South Meager project under the BC Environmental Assessment Act. The
Company also is actively engaged in soliciting federal funding for
project development and working directly with the British Columbia
government on the updating of provincial geothermal legislation and
About Western GeoPower Corp.
Western GeoPower Corp. is a renewable energy company dedicated to the
development of geothermal energy projects for the delivery of clean,
sustainable, baseload electricity generation. The Company is
developing The Western GeoPower Unit 1 geothermal power plant at The
Geysers Geothermal Field in California, United States and the South
Meager Geothermal Project in British Columbia, Canada.
On behalf of the Board of Western GeoPower Corp
Kenneth MacLeod, President & CEO
Cautionary Note Regarding Forward-Looking Statements
Statements in this release that are forward-looking are subject to
various risks and uncertainties concerning the specific factors
identified above that reflect the Company's expectations and
projections about its future results. The Company has tried
whenever possible to identify these forward-looking statements which
include but are not limited to, words such as "anticipates,"
believes," "estimates," "expects," "plans," "intends," "potential,"
and similar expressions. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Investors
are cautioned that any such statements are not guarantees of future
performance and that actual results or developments may differ
materially from those projected in the forward-looking statements.
The Company disclaims any obligation or intention to update or to
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. Such information contained
herein represents management's best judgment as of the date hereof
based on information currently available.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
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our office: (604) 662-3338 or US/Canada Toll Free: 1-866-662-3322,
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Western GeoPower Corp.
837 West Hastings Street Suite 411 Vancouver,
BC<br>V6C 3N6 Canada
WKN: 254049; ISIN: CA95827Q1037;