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Nevada Geothermal Power Inc (NGLPF) news stock charts

Nevada Geothermal Power Inc (NGLPF/NGLPF.OB) Investment Summary:

Nevada Geothermal Power, Inc. engages in the exploration, evaluation, and development of its geothermal properties primarily in Canada. The company, formerly known as Continental Ridge Resources, Inc., was founded in 1995 and is based in Vancouver, Canada.
www.nevadageothermal.com
Founded in 1995

NEVADA GEOTHERMAL POWER INC (NGLPF:OTC Bulletin Board Market)

LAST $0.75 USD
CHANGE TODAY -0.029 -3.72%
VOLUME 190.0K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of NEVADA GEOTHERMAL POWER INC (NGLPF)

OPEN
$0.77
PREVIOUS CLOSE
$0.78
DAY HIGH
$0.80
DAY LOW
$0.71
52 WEEK HIGH
09/23/09 - $1.22
52 WEEK LOW
03/23/09 - $0.31
MARKET CAP
--
AVERAGE VOLUME 10 D
160.5K
EPS TTM
--
SHARES OUTSTANDING
0.0
NGLPF Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for NEVADA GEOTHERMAL POWER INC (NGLPF)

Nevada Geothermal Power Inc. expected to Report Q3 2010 Results on April 29, 2010. This event was calculated by Capital IQ (Created on March 13, 2010).

Nevada Geothermal Power Inc. expected to Report Q3 2010 Results on April 29, 2010. This event was calculated by Capital IQ (Created on March 13, 2010).

Nevada Geothermal Power Inc. Provides Progress Report on Blue Mountain Resource

Nevada Geothermal Power Inc. announced that interim power production from the Faulkner 1 geothermal plant has been increased from 13 MW (net) to 26 MW with permanent cables installed to Turbine Generator Units One and Three. Cable repairs are expected to be fully completed to Unit Two and other electrical equipment on or before March 10, 2010 allowing the plant to be fully operational. Newly drilled and tested, deep injection wells, 55-15 and 58-11, will allow production levels to be increased to between 36-40 MW (net) shortly after the Faulkner 1 plant is returned to full service. New production Well 91-15, drilled to 8,359 feet, is currently undergoing flow tests. Production pipeline and electrical service connections will take approximately 2 months to complete. Thus plant output is expected to be significantly greater than 40 MW (net) by June 30, 2010. Additional development drilling is continuing to test a target area southwest of the current production field.

Nevada Geothermal Power Inc. Provides Drilling Update on Faulkner 1 Power Plant

Nevada Geothermal Power Inc. reported that its Faulkner 1 power plant was successfully restarted February 23, 2010. A temporary solution has enabled two of the three generators to be restarted at reduced output levels. Engineering considerations surrounding the interim repair plan has limited start-up output to 13MW (net). The permanent repair plan is on schedule and the plant is expected to be fully operational again by early March. Drilling Update: - The Company has completed drilling Production Well 91-15 and a slotted liner has been installed to 8315 ft. The company is currently testing the well to determine output levels. Pipeline construction, electric power hook-up and pump installation for Well 91-15 is expected to take several months to complete. The company has completed the pipeline connecting new Injection Well 55-15 to the power plant which will enable increased plant output upon full plant operations. Injection Well 58-11 is expected to be connected and in service in several weeks. It is expected that the recently completed Wells 91-15, 55-15 and 58-11 will enable the Faulkner 1 plant to achieve output levels of approximately 45 MW (net) when all three are connected. Funding for this work is already in hand. The company will also drill three additional injection wells using existing budgeted funds under its expansion drilling program to more widely distribute spent brine injection sites and to optimize geothermal reservoir management over the long term.

Nevada Geothermal Power Inc financial resources

otc, otcbb, pinksheet, NGLPF, ob Nevada Geothermal Power Inc

NGLPF Competitors

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Ormat Technologies Inc $29.19 USD -0.82
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Industry Analysis

Valuation NGLPF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 1.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

NGLPF

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NGLPF transactions

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More Recent Financial News About Nevada Geothermal Power Inc

Nevada Geothermal Power Inc. - Faulkner Power Plant Achieves New Output Record

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) ispleased to announce that work to replace the damaged power cable systemsat the Faulkner 1 plant has enabled all three turbine generator units tobe placed into operation and for the Company to re-establish commercialpower production. For the past five days, the Faulkner 1 geothermalplant has been producing at 34.5 MW (Net).New deep injection capacity, resulting from the connection of well 55-15into plant o...
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Nevada Geothermal Power Inc. - Issues Stock Options

Quote: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF)announced that incentive stock options have been granted to certainemployees of NGP to purchase 150,000 common shares of the Company at anexercise price of $1.00 per share for a term of 5 years. Common shareswhich may be acquired upon exercise of the options shall vest over aneighteen month period. Twenty-five percent of the options will vest onthe date of grant with the balance vesting in ...
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Nevada Geothermal Power Inc. - Issues Stock Options

Quote: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF)announced that incentive stock options have been granted to certainemployees of NGP to purchase 150,000 common shares of the Company at anexercise price of $1.00 per share for a term of 5 years. Common shareswhich may be acquired upon exercise of the options shall vest over aneighteen month period. Twenty-five percent of the options will vest onthe date of grant with the balance vesting in ...
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Nevada Geothermal Power Inc. - Faulkner Power Plant Achieves New Output Record

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) ispleased to announce that work to replace the damaged power cable systemsat the Faulkner 1 plant has enabled all three turbine generator units tobe placed into operation and for the Company to re-establish commercialpower production. For the past five days, the Faulkner 1 geothermalplant has been producing at 34.5 MW (Net).New deep injection capacity, resulting from the connection of well 55-15into plant o...
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Nevada Geothermal Power Provides Corporate Update - Crump Geyser and Pumpernickel Valley Geothermal Projects

Quote: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) today provided an update on its geothermal power projects – Crump Geyser and Pumpernickel Valley. The Crump Geyser and Pumpernickel Valley Geothermal Projects are ready for development drilling in 2010. NGP plans to maintain a schedule such that new power plants can be constructed and placed in service by the end of 2013 or within the time required to qualify for generous federal ta...
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Nevada Geothermal Power Inc. Faulkner 1 Power Plant Successfully Restarted

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) is pleased to report that its Faulkner 1 power plant was successfully restarted yesterday. A temporary solution has enabled two of the three generators to be restarted at reduced output levels. Engineering considerations surrounding the interim repair plan has limited start-up output to 13MW (net). The permanent repair plan is on schedule and the plant is expected to be fully operational again by early Marc...
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Nevada Geothermal Power Inc. Provides Progress Report on Blue Mountain Resource and Faulkner 1 Debt Financing

Quote: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) announcedtoday that interim power production from the Faulkner 1 geothermal planthas been increased from 13 MW (net) to 26 MW (net) with permanent cablesinstalled to Turbine Generator Units One and Three. Cable repairs areexpected to be fully completed to Unit Two and other electricalequipment on or before March 10, 2010 allowing the plant to be fullyoperational.Newly drilled and tested, d...
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Nevada Geothermal Power Inc. Provides Progress Report on Blue Mountain Resource and Faulkner 1 Debt Financing

Quote: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) announcedtoday that interim power production from the Faulkner 1 geothermal planthas been increased from 13 MW (net) to 26 MW (net) with permanent cablesinstalled to Turbine Generator Units One and Three. Cable repairs areexpected to be fully completed to Unit Two and other electricalequipment on or before March 10, 2010 allowing the plant to be fullyoperational.Newly drilled and tested, d...
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Nevada Geothermal Power Inc. Faulkner 1 Power Plant Successfully Restarted

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) ispleased to report that its Faulkner 1 power plant was successfullyrestarted yesterday. A temporary solution has enabled two of the threegenerators to be restarted at reduced output levels. Engineeringconsiderations surrounding the interim repair plan has limited start-upoutput to 13MW (net). The permanent repair plan is on schedule and theplant is expected to be fully operational again by early March.Dril...
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Nevada Geothermal Power Provides Corporate Update - Crump Geyser and Pumpernickel Valley Geothermal Projects

Quote: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) todayprovided an update on its geothermal power projects – Crump Geyser andPumpernickel Valley. The Crump Geyser and Pumpernickel Valley GeothermalProjects are ready for development drilling in 2010. NGP plans tomaintain a schedule such that new power plants can be constructed andplaced in service by the end of 2013 or within the time required toqualify for generous federal tax gran...
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Faulkner 1 Plant Production Increases to 30 MW (Net); Well 55-15 Intersects Targeted Injection Zone

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX-V: NGP, OTC-BB: NGLPF) ispleased to announce increased production from NGP’s flagship Faulkner 1power plant and positive interim results from its current drillingprogram designed to further optimize plant output.Faulkner 1 output has been increased 3 MW to 30.5 MW (net). To allow forincreased brine production and plant output, NGP constructed a pipelineand is injecting 500 gallons per minute (gpm) of spent geothermal brin...
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Nervous Traders Dump Shares Ahead of Jobs Number

Quote: The jobs report will be announced before tomorrow's open, so maybe traders were lightening up on positions ahead of this closely watched economic data.Geothermal Stocks Index was the top performing tickerspy Index on the day, led by Nevada Geothermal PowerNGLPFNews) with a 3% gain.Stocks faded at the end of the day, causing the major market indices to finish lower. The Dow fell -87 points to 10,366, while the S&P lost -9 points to 1,100. The Nasdaq shed -12 points to close at 2,173. Oil slip...
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Nevada Geothermal Power Inc. - 4.5 Million Warrants at C$1.50 Per Share Granted to Trust Company of the West on Amended Loan Agreement

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX-V: NGP, OTC-BB: NGLPF) announcedtoday that, subject to regulatory approval, it has agreed to grant TrustCompany of the West (TCW) warrants to purchase 4.5 million common sharesat a price of C$1.50 per share for up to five years. The warrants willinclude a trigger clause such that if the closing price of the NGPcommon shares on the TSX-V exchange, or such other stock exchange uponwhich the common shares of NGP are listed, is grea...
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Nevada Geothermal Power Inc. to Present at Upcoming Investor Conferences

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP)(TSX.V: NGP, OTCBB: NGLPF), GeothermalEnergy Finance Forum2010Vancouver Resource Investment Conference.Visit Nevada Geothermal Power Inc.’s Booth (H66) at the 2010Vancouver Resource Investment Conference, January 17 & 18, 2010 from10:00 am to 5:00 pm.http://www.cambridgehouse.ca/index.php/Registration-Information/AboutNevada Geothermal Power Inc.:BlueMountainPumpernickelBlackWarriorCrumpGeyser, Oregon. These properties are at d...
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Nevada Geothermal Power Announces Successful Drilling to Date Will Increase Production at Blue Mountain Faulkner 1 Geothermal Power Plant

Quote: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX-V: NGP, OTC-BB: NGLPF) ispleased to announce that it has successfully completed two new deepinjection wells that, when connected, the Company believes will enablethe Faulkner 1 plant to operate at approximately 40MW (net). Two or moreadditional wells will be drilled as part of the current program tofurther optimize production from the existing plant.“Drilling progress has been faster than anticipated and ...
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Faulkner 1 Power Outage - Investigation Underway

Quote: VANCOUVER, British Columbia--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP)(TSX.V: NGP, OTCBB: NGLPF),announced today that its Faulkner 1 geothermal power plant automaticallyshut down on January 17th, 2010, due to a “ground fault” problem in theelectrical control system.The plant will remain off-line while a thorough inspection of theelectrical system and underground cables is performed. NGP staff and theEngineering, Procurement and Construction (EPC) contractor are currentlyon-...
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Nevada Geothermal Power Announces the Appointment of David Punch, Corporate Communications

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX-V: NGP, OTC-BB: NGLPF)today announced that it has appointed Mr. David Punch to the position ofManager, Corporate and Investor Relations. Mr. Punch has over 15 yearsexperience in business development, sales, advertising and investorrelations. Mr. Punch holds a BA from the University of British Columbiawith a background in Economics."NGP is pleased to announce the appointment of Mr. Punch. With hisexpertise in business development...
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Nevada Geothermal Power Inc. named as part of 2010 TSX Venture 50

Quote: VANCOUVER--(BUSINESS WIRE)--TSX Venture Exchange today announced that Nevada Geothermal PowerInc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) has been named as one of theTSX Venture 50, a ranking of strong performers listed on TSX VentureExchange. TSX Venture 50 is comprised of 10 emerging companies in fiveindustry sectors that have been identified as leaders in Canada’s publicventure market.“It is an honour to be named as part of this year’s TSX Venture 50,”said Brian Fairbank, P...
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Nevada Geothermal Power Announces Inspection of Faulkner 1 Electrical System Reveals Solution to Power Outage

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP)(TSX.V: NGP, OTCBB: NGLPF),previously reported that its 49.5 MW Faulkner 1 geothermal power plantexperienced a power plant outage on January 17, 2010. NGP and itsEngineering Procurement and Construction (EPC) contractor which suppliedthe plant and electrical systems, are working cooperatively to get theplant back on line as expeditiously as possible.The initial inspection by the EPC contractor has determined that theplant automaticall...
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Faulkner 1 Power Outage - Power Cable System on the Mend

Quote: VANCOUVER--(BUSINESS WIRE)--Nevada Geothermal Power Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) reportedtoday on the status of the electrical cable breakdown at the 49.5 MWFaulkner 1 geothermal power plant. The plant automatically shut down dueto heat build up and cable failure in the buried power cable system. NGPand its Engineering Procurement Construction (EPC) contractor areworking cooperatively to get the plant back online as soon as possible.Repairing the failed power cable system entails replac...
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