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Western GeoPower Corp. (WGP)

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Wednesday 06 May, 2009

Western GeoPower Corp.

WESTERN GEOPOWER ACQUIRES SECOND GEOTHERMAL RES...



Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this 
announcement. 
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                            NEWS RELEASE


DATE:  May 6, 2009 FOR IMMEDIATE RELEASE



TRADING SYMBOLS: TSX-V (CANADA): WGP.V FRANKFURT: WE6.F


 WESTERN GEOPOWER ACQUIRES SECOND GEOTHERMAL RESERVOIR IN CALIFORNIA

VANCOUVER, Canada, May 6, 2009, TSX Venture Exchange Trading  Symbol:
WGP -  Western  GeoPower Corp.,  a  renewable energy  company,  today
announced the  acquisition of  approximately 3,000  acres of  private
geothermal  leases  with  a  confirmed  high-temperature   geothermal
reservoir, at  South Brawley,  in  Imperial County,  California.  The
South Brawley leases grant Western GeoPower the right to develop  the
geothermal reservoir and build a plant for electricity generation.

Commercial  geothermal   power   has  been   generated   continuously
throughout Imperial County  since the early  1980s, with the  present
generation level being about 530 megawatts (MW) from the Salton  Sea,
East Mesa  and  Heber  plants.  The  Western  GeoPower  leasehold  is
situated in the  South Brawley Known  Geothermal Resource Area,  with
extensive infrastructure throughout the region providing ready access
for development.

A preliminary review of earlier data from the Western GeoPower  South
Brawley leases conducted by independent consultants GeothermEx, Inc.,
has determined  that the  leases  lie at  the  core of  a  geothermal
anomaly which has been well  defined from geophysical surveys.   Four
deep wells plus a side-track of a well (varying in depth from  13,381
feet to 14,000  feet) were  drilled and  flow tested  on the  Western
GeoPower property between  1978 and 1982.   In addition, a  prolonged
(34-day) pressure  interference test  was run  in this  field  during
1982-1983.

Although these  wells  are  now  plugged  and  abandoned,  they  have
confirmed the existence of a high temperature (up to 278 C or 532  F)
reservoir, and  pressure interference  testing has  demonstrated  the
existence of high flow and storage capacities within the  reservoir.
A wellhead productivity  of 700,000  pounds per  hour (equivalent  to
about 7 MW)  had been  demonstrated by well  testing. However,  these
wells had a  narrower diameter  than is  conventional for  geothermal
wells today and the wells  showed major formation damage.  New  wells
with a larger  diameter drilled on  the property should  have a  much
higher productivity.

The reservoir fluid  is hyper-saline  with a  total dissolved  solids
content of 22% to 23% and a non-condensable gas concentration in  the
total fluid of 2% to 2.5%.  The reservoir brine is highly enriched in
dissolved zinc, lead and silver.  Preliminary modeling indicates that
the property can  readily support simultaneous  power generation  and
commercial production of zinc, lead and silver.

"The South Brawley leases  complement Western GeoPower's strategy  to
acquire geothermal projects with demonstrated production  potential,"
said Kenneth  MacLeod,  President  and  Chief  Executive  Officer  of
Western GeoPower. "We are confident of achieving substantial time and
cost savings by taking advantage of the earlier well testing data and
targeting new wells to intersect the known productive zones."

Western  GeoPower   will  retain   GeothermEx,  Inc.   of   Richmond,
California, to provide an independent assessment of the potential for
the South Brawley leases and design a drilling program to confirm the
resource.  GeothermEx  has  conducted well  test  analyses,  resource
assessment, reservoir simulation  and mineral  recovery modeling  for
this site for various parties since the inception of this project  in
the late 1970s.
About Western GeoPower Corp.
Western GeoPower Corp. is a renewable energy company dedicated to the
development of geothermal energy projects for the delivery of clean,
sustainable, baseload electricity generation. The Company is
developing The Western GeoPower Unit 1 geothermal power plant at The
Geysers Geothermal Field in Sonoma County, California, United States;
the South Brawley geothermal project in Imperial County, California,
United States; and the South Meager geothermal project in British
Columbia, Canada.
On behalf of the Board of Western GeoPower Corp
"Kenneth MacLeod"
Kenneth MacLeod, President  & CEO

Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release contain forward-looking
information within the meaning of applicable securities laws in
Canada ("forward-looking information"). The words "anticipates",
"believes", "budgets", "could", "estimates", "expects", "forecasts",
"intends", "may", "might", "plans", "projects", "schedule", "should",
"will", "would" and similar expressions are often intended to
identify forward-looking information, although not all
forward-looking information contains these identifying words.
The forward-looking information in this press release includes, but
is not limited to: new wells with a larger diameter drilled on the
property should have a much higher productivity; preliminary modeling
indicates that the property can readily support simultaneous power
generation and commercial production of zinc, lead and silver; we are
confident of achieving substantial time and cost savings by taking
advantage of the earlier well testing data and targeting new wells to
intersect the known productive zones; and, the Company will retain
GeothermEx, Inc. of Richmond, California, to provide an independent
assessment of the potential for the South Brawley leases and design a
drilling program to confirm the resource.
The forecasts and projections that make up the forward-looking
information are based on assumptions which include, but are not
limited to: the Company is not subjected to any material adverse
events normally associated with exploration, development and
production of natural resources; the Company is not subjected to
additional governmental regulation and that political attitudes
towards geothermal production does not change; the Company is able to
remain in compliance with its debt obligations; the Company's
resource estimates are accurate; the Company's insurance is adequate
and that it does not incur any material uninsured liability; the
Company is able to comply with environmental regulations; the Company
has access to suitable infrastructure; no title defects affect the
Company's properties; the Company receives necessary permits on
acceptable terms; no material new competition; no significant
fluctuation in currency exchange rates and interest rates; the
Company is able to access additional capital; no material
fluctuations in energy prices; continued access to the Company's key
personnel; and, no conflicts of interest arise.
The forward-looking information is subject to risks, uncertainties
and other factors that could cause actual results to differ
materially from historical results or results anticipated by the
forward-looking information. The factors which could cause results to
differ from current expectations include, but are not limited to:
risks normally associated with exploration, development and
production of natural resources; risks relating to government
regulation; risks relating to indebtedness; risks relating to the
reliability of resource estimates; no history of geothermal
production; insurance and uninsured risks; environmental risks and
hazards; lack of access to required infrastructure; land title
defects; risks relating to obtaining permits on acceptable terms;
competition; fluctuations in currency exchange rates and interest
rates; risks relating to raising additional capital; fluctuations in
energy prices; reliance on key personnel; conflicts of interest; and,
other risks described in the Company's Management Discussion &
Analysis and other continuous disclosure documents.
All forward-looking information in this press release is qualified in
its entirety by this cautionary statement and, except as may be
required by law, the Company undertakes no obligation to revise or
update any forward-looking information as a result of new
information, future events or otherwise after the date hereof.

The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.

For more information or to be put on our email list, please contact
our office: (604) 662-3338 or US/Canada Toll Free: 1-866-662-3322,
email: [email protected] Investor Relations: [email protected]
[email protected]


 
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Western GeoPower Corp.
837 West Hastings Street Suite 411 Vancouver, 
BC<br>V6C 3N6 Canada

WKN: 254049; ISIN: CA95827Q1037; 
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