Ormat terminates Mount Spurr venture
Writes off exploration costs after failing to find viable geothermal source on the flanks of the Southcentral Alaska volcano
Ormat Technologies has given up its attempt to find a viable geothermal energy resource on the flanks of the Mount Spurr volcano in Southcentral Alaska. During a fourth quarter earnings call on Feb. 25 Doron Blachar, the company’s chief financial officer, said that the company had written off $7.3 m....
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2008 lease sale
New drilling sites?
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