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Friday, January 24, 2025

Geothermal lease sale being ready for Augustine Volcano website in Alaska



Location of the Augustine Volcano island in Alaska (supply: screenshot, Google Maps)

The State of Alaska is getting ready for a aggressive lease sale for geothermal permits at Augustine Volcano within the Cooke Inlet of the State.

In a remaining report, printed by the Oil & Fuel Division of the Alaska Division of Pure Sources, it was concluded {that a} goethermal lease sale at Augustine Volcano, a peak within the southern a part of the Prepare dinner Inlet within the U.S. State of Alaska could be in the very best curiosity for the state.

An announcement on timing and so forth. is targted for early spring based on the native information outlet Alaska Beacon.

We beforehand reported on geothermal improvement ambitions on the Augustine Volcano. GeoAlaska LLC already holds a geothermal prospecting license for one a part of Augustine since 2022. Now three firms have notified the Division of Oil and Fuel on their curiosity in exploring the geothermal assets past the world with a allow by GeoAlaska.

With these expressions of curiosity by potential builders for geothermal tasks warranted now the choice for a aggressive tender because of competing pursuits.

Supply: Alaskan Beacon

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