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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Utilities Utilities - Independent Power Producers
Polaris Renewable Energy Inc. is a Canada-based company. The Company is engaged in the acquisition, development and operation of renewable energy projects in the Americas. The Company operates 72 megawatts (MW) geothermal facility in Nicaragua, three run-of-river hydroelectric facilities in Peru, with a combined capacity of approximately 33 MW, a 25 MW solar plant facility in the Dominican Republic, and a six MW run-on-river hydroelectric facility in Ecuador. It also owns two solar projects in Panama, with a total capacity of 10 MW AC. The Company, through its subsidiary, Emerald Solar Energy SRL, operates the Canoa I Solar Park (the Canoa I) located in the Barahona Province, Dominican Republic. Its San Jacinto-Tizate Geothermal plant is located in northwestern Nicaragua, in the sire of San Jacinto, municipality of Telica, 20 kilometers (km) from the city of Leon. The Company, through its subsidiary, Generacion Andina SAC, owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Polaris Renewable Energy Inc
Bullboard Posts
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(2)
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Post by davetraderon Aug 09, 2016 11:10pm
150 Views
Post# 25124963

2016 Drilling Summary To Date

2016 Drilling Summary To Date
2016 Drilling Summary Te Date

New Production  Wells:    SJ6-3 and SJ9-4

Additional Potential Well:  SJ9-2 (use to be an injection well)

New Injection Well:  SJ14-1 (did not work out as a new drilled production well)


After rework, previous injection wells now have 31% better flow thus allowing SJ9-2 to be converted to a production well.

Therefore, 2 or 3 additional production wells have been made available.  It still has to be determined the actual power output of each well.

Please see slide 16 from the PIF June 2016 Presentation on website for potential power outputs for these 3 wells (12 to 16 MWS Total Potential)
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities