News

MGI Completes 3rd Production Well Ahead of Schedule, Begins Drilling New Reinjection Well

August 31, 2012

Maibarara Geothermal, Inc. (MGI), the service contractor of the Department of Energy (DOE) for the Maibarara geothermal field in Sto Tomas, Batangas, will start drilling well MB-14RD on August 30, 2012 using DESCO Rig #30.  The well will be used for reinjecting condensate fluids coming from the 20 MW geothermal plant back to the subsurface… Read More


MGI Gets Safety Citation from DOE

August 1, 2012

  Maibarara Geothermal, Inc. (MGI), the service contractor for the Maibarara geothermal power project, received a safety citation for attaining two years of safe operation without lost time accident (LTA) from February 1, 2010 to June 30, 2012.  The “Silver Safety Award” was signed on July 18, 2012 by DOE Secretary Jose Rene D. Almendras… Read More


First Geothermal Power Plant Under Aquino Administration Breaks Ground in Sto Tomas, Batangas

April 30, 2012

The country’s newest geothermal power station in five years, and the first under the current Aquino Administration, broke ground on Friday, April 27 in simple ceremonies conducted in Barangay San Rafael, Sto Tomas Batangas.  Maibarara Geothermal, Inc. (MGI), the joint-venture firm 65% owned by PetroGreen Energy Corp. , the 100% subsidiary of PetroEnergy Resources Corp.,… Read More


PetroEnergy unit promises aid

March 6, 2012

PetroEnergy Resources Corp.’s unit has agreed to help manage the watershed in the service contract area of the Maibarara geothermal power plant, the firm disclosed yesterday. PetroEnergy said the project’s operator Maibarara Geothermal, Inc., which it holds a stake in, signed the agreement on March 1. “Under the memorandum of understanding, Maibarara Geothermal will extend… Read More


MGI & UPLB Ink Watershed Protection MOU

Maibarara Geothermal, Inc. (MGI) signed on March 1, 2012 a Memorandum of Understanding (MOU) with the University of the Philippines Los Baños (UPLB) for the proper and effective watershed management in the Maibarara service contract area centered in Sto. Tomas, Batangas. MGI is developing an integrated 20 MW steamfield and power plant facility in the… Read More


In Makiling, N. Zealand firm finds ample geothermal reserves

November 23, 2011

By: Amy Remo Philippine Daily Inquirer   A study completed by a consulting company based in New Zealand showed that the proven geothermal reserves in Mt. Makiling could very well support the operations of Maibarara Geothermal Inc.’s proposed 20-megawatt power facility over the next 25 years.   In a filing with the Philippine Stock Exchange,… Read More