Raser Technologies, Inc. has announced that it has completed drilling on a geothermal production well in southern Utah for use in a binary-cycle geothermal power plant for generating renewable electric power. Preliminary readings of well 21-34 indicate the existence of geothermal resources with promising water temperatures well in excess of 260 degrees F (127 degrees C). Detailed testing for the reservoir’s properties has now commenced with final results pending.

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