PREPARATION AND DRILLING OF NEW GEOTHERMAL WELL KA57

Ground work for our new geothermal well KA57 has begun at our property in Manukorihi Drive, Kawerau. The land is currently being prepared for a well pad where KA57 will be located (see picture below). Drilling of the Well itself is scheduled for late June.

During the past few days, the main drilling contractor MB Century, has set up a base camp in the carpark of our Parimahana Drive office complex. The camp and will be situated in this location for approximately 6 weeks and ALL access to this area including the main entrance to the office will be CLOSED to the public.

If you are visiting the office please use the Control Room Entrance to enter the building (normally used by Contractors) using the carpark signage to guide you.