OLENE – Following success with its first geothermal well, Klamath Basin Geopower is preparing to drill a second well in or near the Olene Gap area.
Bill Honjas, Klamath Basin Geopower president and CEO, said the company will begin work in the next 30 to 40 days to locate a second well, which he said might be located near a future commercial grade power plant. One of the company's stated goals is to prepare a location for a minimum 12-megawatt power production facility this year. Based on average estimates, each megawatt provides enough power for about 1,000 homes. Drilling for the next well is not expected until June at the earliest because of weather considerations and the permitting process.
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