Ram Power successfully drills geothermal wells in Nicaragua and California
Ram Power will start Wednesday trading at $0.89 a share after announcing successful drilling and testing of two thermal-energy wells in Nicaragua and California.
The Company completed the initial drilling of well SJ 12-2 at its San Jacinto-Tizate project site near Leon, Nicaragua in January.
Tests confirm a production well with an estimated capacity of about 4 megawatts gross.
Original source: Nasdaq