Welcome to the iHub board for Western GeoPower (WGP.V; WGPWF)
**Note: All Information regarding company status, contacts, news, and all other information related to WGP.V will come from the companies website**
Company Corporate Description
Western GeoPower Corp. (WGP) is a renewable energy company dedicated to the development of geothermal energy projects for the delivery of clean, sustainable baseload electricity generation. The Company holds 100% interests in the Unit 15 Steam Field located in The Geyser Geothermal Field in California, United States and in the South Meager Geothermal Project in British Columbia, Canada. The Company’s California geothermal leases are administered through wholly-owned subsidiary Western GeoPower, Inc., incorporated in California. The British Columbia leases are administered through wholly-owned subsidiary Meager Creek Development Corp., incorporated in B.C. Since late 2003, the Company has raised Cdn. $57 million toward proving the commercial viability of its projects through extensive technical programs involving drilling programs, geochemical assessments, environmental and socio-economic studies, and consultations with government agencies and community stakeholders.
Unit 1 - The Geysers: Drilling on production wells underway, seeking project financing Q2 2009, commercial generation scheduled for 2010. www.geopower.ca/geysersdesc.htm
South Meager: Confirmation drilling and initial well testing completed 2004-2007, the Company is proceeding with a Feasibility Study and preparation of an Application for an Environmental Assessment Certificate (Application). www.geopower.ca/meagerdescription.htm
Western GeoPower Links:
Western GeoPower website - www.geopower.ca/index.htm
Current PPT Presentation (June 2009) - www.geopower.ca/presentations/20090615CorpPresentation.pdf
Q12009 Interim Consolidated Financial Statements - www.geopower.ca/quarterlies/WGP_QTR1_31March2009.pdf
Bill Gee, Investor Relations
Western GeoPower Corp.
Toll Free: 1-866-662-3322
28 May 2009 - Gudmundur F. Sigurjonsson has been appointed a director of the company. www.marketwire.com/press-release/Western-Geopower-Corp-TSX-VENTURE-WGP-995953.html
10 May 2009 - WGP announced the acquisition of approximately 3,000 acres of private geothermal leases with a confirmed high-temperature geothermal reservoir, at South Brawley, in Imperial County, California. pr-canada.net/index.php
Background Information on Geothermal:
Introduction To Geothermal Power Slideshow: geothermal.marin.org/GEOpresentation/sld001.htm
Geothermal Education Office - geothermal.marin.org/
Daily status chart.
WGP Comparison to the majority of micro cap geothermal companies operating in North and South America with Ormat listed as well.