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Alaskan government agency suggests exploration at Augustine Island

Alaskan government agency suggests exploration at Augustine Island Tidal channels on Augustine Island, Cook Inlet, Alaska (source: flickr/ NOAA Photo Library, creative commons)
Alexander Richter 30 Jan 2013

Alaska Department of Natural Resources is seeing geothermal development on Augustine Island as in the best interest for the state of Alaska and suggests adding acreage on the island to a coming state sale.

The Alaska Department of Natural Resources Division of Oil and Gas has recently released a document that supports the possibility of geothermal developers exploring geothermal development on Augustine Island in Alaska.

In the document, the Department determines it would be in the best interest of the State of Alaska to investigate the geothermal potential. This requires though some regulatory steps in the process. Augustine Island is home to a volcano of the same name and is located about 100 kilometers (60 miles) across the bay from Homer, Alaska on the Kenai Peninsula.

The department as part of its report also suggests the leasing of 65,992 acres on the island for a lease sale in a coming state sale.

In 2007, the department had called for applications of interest for development in Augustine and Mount Spurr.

For details see full article via link below.

Source: Peninsula Clarion