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February 15, 2010 Magma Energy Corp Announces Second Quarter Results (All amounts in US dollars unless otherwise stated and all production figures are approximate)
Vancouver, B.C., Canada, February 15, 2010 - Magma Energy Corp. (TSX:MXY) today reported its financial and operating results for the second quarter ended December 31, 2009. The Company also provided an update on its operations. This earnings release should be read in conjunction with the Company's MD&A, unaudited Financial Statements and Notes... (15 KB) |
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February 11, 2010 Magma Energy Announces Management Changes And New Iceland Office Vancouver, B.C., Canada, February 11, 2010 - Magma Energy Corp. (TSX:MXY) is pleased to announce the following senior management changes and additions:
At the company's head office in Vancouver, Dr. Catherine Hickson has been promoted to Vice President, Exploration and Chief Geologist. Cathie will head all of Magma's international exploration activities. Additionally, Andrea Zaradic has been promoted to Vice President, Operations and Development. Andrea will lead all o... (4 KB) |
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February 08, 2010 Magma Energy Announces HS Orka's Release of Year End Financial Results (All production figures are approximate)
Vancouver, B.C., Canada, February 8, 2010 - Magma Energy Corp. (TSX:MXY) reports that Icelandic geothermal company HS Orka hf, held 41% by Magma, today released its audited financial and operating results for the year ended December 31, 2009. These results may be accessed at:
http://www.hsorka.is/English/HSCompanyInfo/HSComp... (5 KB) |
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February 02, 2010 Magma Energy Revises Release Date For 2010 Second Quarter Results Vancouver, B.C., Canada, February 2, 2010 - Magma Energy Corp. (TSX:MXY) today announced that its 2010 second quarter results will be released on Monday, February 15, 2010 after markets close. A conference call and live audio webcast to discuss the results will be held on Tuesday, February 16, 2010 at 11:30 am ET (8:30 am PT).
Q2 2010 Results Conference Call and Webcast Information
... (3 KB) |
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January 28, 2010 Magma Energy Announces Release Date for 2010 Second Quarter Results Vancouver, B.C., Canada, January 28, 2010 -- Magma Energy Corp. (TSX:MXY) today announced that its 2010 second quarter results will be released on Tuesday, February 9, 2010 after markets close. A conference call and live audio webcast to discuss the results will be held on Wednesday, February 10, 2010 at 11:30 am ET (8:30 am PT).
Q2 2010 Results Conference Call and Webcast Information
Date: Wednesday, February 10, 2010
Time: ... (3 KB) |
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January 20, 2010 Magma Energy Awarded Pellado Geothermal Property In Chile REPORT ESTIMATES 320 MEGAWATT INFERRED RESOURCE AT PELLADO AND ADJOINING MAULE PROPERTY
Vancouver, B.C., Canada, January 20, 2010 - Magma Energy Corp. (TSX:MXY) announces that it has been awarded the 100,000 hectare Pellado property, 300 km south of Santiago, by the Government of Chile. Pellado adjoins the Maule property upon which Magma previously reported a 140 megawatt ("MW") Inferred Resource.
Slim hole drilling and a mag... (6 KB) |
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January 06, 2010 Magma Energy Reports Successful Soda Lake Flow Test (All production figures are approximate)
Vancouver, B.C., Canada, January 6, 2010 -- Magma Energy Corp. (TSX:MXY) reports the successful flow test of Soda Lake production well 45A-33 which will provide 3 MW of net power. The well was drilled in June 2009 and, following a field optimization program, the flow test was completed in December. The recent test demonstrated the well to be capable of 1,200 gallons per minute of sustained flow at 385°F. The well is in the process of being con... (5 KB) |
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December 23, 2009 Magma Energy Sponsors The National Olympic And Sports Association Of Iceland For The Winter Olympic Games In Vancouver 2010 Vancouver, B.C., Canada, December 23, 2009 - Magma Energy Corp. (TSX:MXY) Magma Energy Corp. is pleased to announce that it will be an official sponsor of the National Olympic and Sports Association of Iceland for the Winter Olympic Games in Vancouver 2010. CEO and Chairman of Magma Energy, Ross Beaty, commented, "We recently completed a transaction to gain a 43.1% interest in Iceland's largest privately held geothermal operation, HS Orka. Magma Energy is committed to a long term relati... (2 KB) |
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December 14, 2009 Magma Energy Completes Purchase of a Further 32% Interest in Icelandic Geothermal Energy Producer and Establishes Geothermal Reserves and Resources Totalling 815 MW at HS Orka's Properties (All amounts in US dollars unless otherwise stated and all production figures are approximate)
Vancouver, B.C., Canada, December 14, 2009 -- Magma Energy Corp. (TSX:MXY) Magma Energy Corp. announces that it has closed a previously announced agreement to acquire 32.32% of Iceland geothermal company HS Orka for 3.7 billion ISK (approximately $29.5 million) and three bonds totaling approximately $70 million repayable in a single installment in 7 years with interest at 1.52% per annum. Mag... (7 KB) |
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November 17, 2009 Magma Energy Completes Purchase Of Initial Interest In Icelandic Geothermal Energy Producer (All amounts in US dollars unless otherwise stated and all production figures are approximate)
Vancouver, B.C., Canada, November 17, 2009 -- Magma Energy Corp. (TSX:MXY) Magma Energy Corp. announces that it has closed an agreement to acquire from Geysir Green Energy an 8.6% stake in HS Orka, a large producing geothermal company in Iceland, for 2.5 billion Icelandic Kronur ("ISK") (approximately $20 million). The agreement provides that Magma will purchase a further 2.16% share in HS O... (6 KB) |
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