Nevada Geothermal Power Inc.

Published : July 27th, 2011

STRENGTHENS DEVELOPMENT TEAM AND UPDATES PROJECT STATUS

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Dear Subscriber,

July 27, 2011

 

NGP STRENGTHENS DEVELOPMENT TEAM AND UPDATES PROJECT STATUS
 
VANCOUVER, B.C. (July 27, 2011) � Nevada Geothermal Power Inc. (NGP) (TSX-V: NGP, OTC-BB: NGLPF) is pleased to announce that Stuart D. Johnson has been appointed Vice President, Resource Development effective August 1, 2011. Mr. Johnson joins Kim Niggemann, who becomes Vice President, Resource Operations and External Affairs and Max Walenciak, Senior Vice President, Project Development and Plant Operations with overall responsibility for projects in the U.S.  In addition, Paul Wilson, formerly CEO of Iceland America Energy, has joined NGP as Manager, Imperial Valley Area.  
 
Stuart Johnson is a nationally recognized expert in the design and application of exploration, geothermal reservoir development and production methods for geothermal power production.  Mr. Johnson has managed successful reservoir development programs for projects within the Western United States. He played important roles in the development of commercially-producing fields in Imperial Valley, California (Heber and East Mesa), Nevada (Steamboat Hills, Jersey Valley, Brady, Desert Peak, Dixie Valley, Soda Lake, Stillwater, and Beowawe), Hawaii (Puna) and Utah (Roosevelt Hot Springs).  Mr. Johnson holds an M.S. in Economic Geology from the University of Wisconsin, Madison and a B.A. in Geology from Western Michigan University. 
 
Paul Wilson has extensive financial and operational experience in the geothermal and construction industries having served as CEO, CFO and Executive Vice President - Operations at regional and national firms headquartered in Southern California.  Mr. Wilson brings experience in strategic and operational planning, project management, systems design and implementation, mergers and acquisitions, and financial control.  Mr. Wilson has a Bachelors degree in Business Management from Southwestern Adventist University and a Professional Certification in Total Quality Management from the University of California at Los Angeles (UCLA).
 
Project Updates
 
Confirmation drilling has commenced at NGP�s 100% owned North Valley Project near Fernley in Northern Nevada. The 3000 foot (915 meter) deep well is centrally located within a large, ten-square-mile, high-grade heat anomaly with temperature gradients between 10-25�F/100ft (200-450�C/km). A large, intense conductance anomaly, broadly coincident with the high temperature gradient zone, is interpreted to reflect a cap of clay alteration associated with a blind geothermal system at depth. This is the first NGP drill hole at North Valley. The well is designed to obtain key subsurface geological information, detailed temperature data, a water sample at depth and to improve our understanding of the geothermal system.

Link to North Valley Video: http://www.nevadageothermal.com/s/MediaVideo.asp
 
Drilling and other field work is continuing at Crump Geyser, Oregon by Crump Geothermal Company, LLC, a joint venture holding company owned 50:50 by NGP and Ormat.
 
Field assessment and permitting work has commenced for the New Truckhaven and East Brawley Projects in Imperial Valley with a view of starting resource development drilling in 2012.  NGP will open a local project office in the near future.   
 
About Nevada Geothermal Power Inc.:
Nevada Geothermal Power Inc. operates the Faulkner 1 geothermal plant in Nevada.  It is a growing, renewable energy developer focused on producing clean, efficient and sustainable geothermal electric power from high temperature geothermal resources in the United States.  NGP currently owns leasehold interests in eight  properties: Blue Mountain, Pumpernickel Valley, Edna Mountain  and North Valley in Nevada, New Truckhaven, East Brawley and South Brawley, in California and Crump Geyser, in Oregon.  These properties are at different levels of exploration and development.  NGP estimates a potential of between 200 MW and 450 MW from its current leaseholds.
 
 
NevadaGeothermal Power Inc. 
Brian D. Fairbank, P. Eng.
President & CEO
http://www.nevadageothermal.com 
 
Investor Inquiries:
Paul Mitchell 
NevadaGeothermal Power Inc.
Telephone: 604-688-1553 X118
Direct Line: 604-638-8784
Toll Free: 866-688-0808 X118
Email: pmitchell@nevadageothermal.com 
 
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," �estimates," "expects," "plans," "intends," "potential" and similar expressions.  These statements reflect our current belief and are based upon currently available information.  Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements.  We undertake no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release including such forward-looking statements.
 
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
  

Data and Statistics for these countries : Jersey | All
Gold and Silver Prices for these countries : Jersey | All

Nevada Geothermal Power Inc.

CODE : NGP.V
ISIN : CA02154D1015
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Nevada geothermal Power is a gold development stage company based in Canada.

Nevada geothermal Power holds various exploration projects in USA.

Its main exploration properties are BLUE MOUNTAIN GEOTHERMAL PROJECT, POGO AREA (GOBI / PORTAL)-BLUE DESERT and POGO AREA (MOJAVE) in USA.

Nevada geothermal Power is listed in Canada and in United States of America. Its market capitalisation is CA$ 979 280 as of today (US$ 946 278, € 730 338).

Its stock quote reached its highest recent level on August 08, 2008 at CA$ 1.60, and its lowest recent point on April 03, 2013 at CA$ 0.01.

Nevada geothermal Power has 24 482 000 shares outstanding.

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Annual reports of Nevada Geothermal Power Inc.
2008 Annual Report
Option Grants of Nevada Geothermal Power Inc.
3/12/2010Issues Stock Options
Nominations of Nevada Geothermal Power Inc.
6/1/2009Appoints Gavin Cooper, C.A. to NGP's Board of Directors
5/13/2009Announces the Promotion of Max Walenciak to Vice President o...
Financials of Nevada Geothermal Power Inc.
5/29/2009NGP Releases Third Quarter Financials to March 31, 2009
Project news of Nevada Geothermal Power Inc.
9/16/2011NGP REPORTS MINOR INCIDENT AT BLUE MOUNTAIN PROJECT
7/27/2011STRENGTHENS DEVELOPMENT TEAM AND UPDATES PROJECT STATUS
6/8/2011ACQUIRES ICELAND AMERICA ENERGY, INC. PROJECT ASSETS IN IMPE...
12/19/2008(Pumpernickel Geothermal)Announces Termination of Option Agreement with Sierra Geothe...
Corporate news of Nevada Geothermal Power Inc.
3/27/2013NGP Announces Effective Date for Name Change and Consolidati...
2/1/2013Announces Domenic Falcone Stepping Down as Director
11/6/2012Announces Gordon Bloomquist Stepping Down as Director
9/7/2011Completes Independent Resource Review of Blue Mountain Proje...
8/5/2011Releases New Investor Presentation
7/14/2011NGP Awarded Cash Grant
6/27/2011The Power Report - June 2011
5/19/2011Reports Record Output & Operations Revenue for the Quarter e...
7/1/2010July issue of Nevada Geothermal Power's newsletter: the Powe...
4/19/2010Photo Gallery of Senator Reid's Tour of NGP's Blue Mountain ...
9/30/2009Annual Financials Available!
9/18/2009Announces Blue Mountain?Faulkner 1? Geothermal Power Plant C...
9/2/2009New Photos and Video of the 'Faulkner 1' Geothermal Power P...
8/18/2009Completes Construction of Geothermal Power Plant at Blue Mou...
8/17/2009You are invited to visit NGP at the 2009 Money Show - San ...
7/31/2009Announces Richard Campbell Stepping Down as Director of NGP
7/15/2009Announces in Consultation with GeothermEx Inc., Two Addition...
6/24/2009June issue of Nevada Geothermal Power's newsletter: The Powe...
6/23/2009NEW PHOTOS: Blue Mountain Construction Update as of June 17,...
6/17/2009Blue Mountain,?Faulkner 1? Geothermal Power Plant Constructi...
6/1/2009Announces Early Completion Date October 2009 for Blue Mounta...
5/20/2009NEW Construction Photos and News Release: Construction Progr...
3/9/2009Announces Change in Auditor
2/27/2009March issue of NGP's newsletter, The Power Report, has arriv...
2/2/2009on Blue Mountain?Faulkner 1? Geothermal Power Plant Construc...
1/9/2009Shareholders Rights Plan Accepted
11/28/2008Announces Adoption of Shareholder Rights Plan
11/24/2008Signs Amended Power Purchase Areement with NV Energy to Sell...
11/17/2008NGP has some important upcoming dates!
10/1/2008Corporate Update, NGP Announces Wilson Utility Construction ...
9/24/2008Initiates Quarterly Newsletter - The Power Report
9/4/2008Issues Full Notice to Proceed to Ormat for the Blue Mountai...
9/4/2008Completes US180 Million Project Financing for Blue Mountain ...
8/27/2008Provides Update on Blue Mountain Geothermal Power Project
7/3/2008Status of US$145 Million Senior Secured Credit Facilities fo...
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