MONTANA, Jul 28 2008 (Neo Natura) - Majestic Oil and Gas, Inc, a United States Public Company whose securities are qualified for quotation on the Over the Counter Bulletin Board today announced that the Company successfully drilled the Boucher #18-1 well located in Pondera County, Montana, bringing the total number of successfully drilled wells to-date to six. The Boucher #18-1 well is the first well of a three-well drilling program, planned by the Company.
This natural gas well is located in Section 18-T29N-R5W, Pondera County, Montana. The initial production test of the Boucher #18-1 well was 3.6 pounds on a 1" orifice, which is 270 MCF per day. With these results, it was determined that the Lake Frances Field extends to the northwest, proving up additional locations for drilling. The production interval on the Boucher #18-1 well is 2324' to 2338', with 14 feet of total pay zone. The Company has plans to complete this well within the next week in addition to constructing the pipeline necessary to connect this well to the gathering system.
July 28, 2008
July 21, 2008
Montana Gov. Switching To Electric Trucks
MONTANA, Jul 21 2008 (Neo Natura) - With his dog riding shotgun, Gov. Brian Schweitzer on Tuesday took a spin in a new solar-powered truck the state bought for maintenance work around the Capitol Complex.
The small truck has zero emissions and soon will be fueled by solar energy from batteries in the campus boiler plant. For now, it's being charged by electricity at a cost of 70 cents a day. The Miles ZX40St electric vehicle, purchased from Eco Auto Inc. of Bozeman for $17,695, gets 50 to 60 miles per charge.
The truck wouldn't start right away - but it did immediately once the seatbelt was fastened in the passenger seat to hold in Schweitzer's border collie, Jag.
Schweitzer drove the small white truck around the oval immediately south of the Capitol a couple of times and emerged from the vehicle with a smile.
He praised the Department of Administration for buying the vehicle for its General Services Division employees to use for maintenance jobs.
State officials recently saw the truck demonstrated at an energy fair sponsored by the state Labor Department. After a test drive, state officials decided the electric truck would be a suitable replacement for the pick-up trucks now used by state maintenance workers.
The campus boiler plant has some solar panels on its roof from a NorthWestern Energy demonstration project in 2002. Those will be hooked up soon to charge the truck nightly. In the meantime, the truck is being charged by electricity.
The small truck has zero emissions and soon will be fueled by solar energy from batteries in the campus boiler plant. For now, it's being charged by electricity at a cost of 70 cents a day. The Miles ZX40St electric vehicle, purchased from Eco Auto Inc. of Bozeman for $17,695, gets 50 to 60 miles per charge.
The truck wouldn't start right away - but it did immediately once the seatbelt was fastened in the passenger seat to hold in Schweitzer's border collie, Jag.
Schweitzer drove the small white truck around the oval immediately south of the Capitol a couple of times and emerged from the vehicle with a smile.
"The nice thing about this car is it doesn't use gasoline," Schweitzer said. "It is clear we have got to decrease our consumption of oil. The last time I looked, we are not going to run out of solar and wind."Schweitzer has a 20X10 energy initiative that directs state government agencies to reduce their energy consumption by 20 percent by 2010.
He praised the Department of Administration for buying the vehicle for its General Services Division employees to use for maintenance jobs.
State officials recently saw the truck demonstrated at an energy fair sponsored by the state Labor Department. After a test drive, state officials decided the electric truck would be a suitable replacement for the pick-up trucks now used by state maintenance workers.
Asked if more state purchases of electric trucks might be in the offing, Schweitzer said, "If it works. If this is able to replace a portion of our fleet, why wouldn't be get more of them?"There's not much under the truck's hood. It is powered by six batteries under the vehicle, with a seventh battery providing electricity for accessories like heating and air conditioning. It has two gears - forward and reverse - and beeps while going in reverse.
The campus boiler plant has some solar panels on its roof from a NorthWestern Energy demonstration project in 2002. Those will be hooked up soon to charge the truck nightly. In the meantime, the truck is being charged by electricity.
New Shelby Wind Turbine
MONTANA, Jul 21 2008 (Neo Natura) - A ceremony attended by Gov. Brian Schweitzer marked the start of work on a wind energy project near Shelby.
The governor joined representatives of NaturEner, a wind-power company, at a groundbreaking ceremony Thursday.
The first phase of the project calls for 71 turbines producing 106.5 megawatts of electricity. Completion of that phase is scheduled for October.
NaturEner owns and operates wind energy ventures in North America and Europe. Since 1999, the company has developed 14 wind farms in Spain.
July 14, 2008
Clean Renewable Energy Bonds
MONTANA, Jul 14 2008 (Neo Natura) - Under the recently enacted federal Clean Renewable Energy Bond (CREB) program, electric coopoeratives, public power systems, and municipal utilities can issue or benefit from the issuance of clean renewable tax credit bonds to finance renewable energy projects as a less expensive alternative to traditional tax-exampt bonds. To a large extent, the CREB program is modeled after the Qualified Zone Academy Bond (QZAB) program enacted in 1998 to provide tax incentives for the rehabilitation of public school buildings.
A 135 acre Flathead County landfill located near Kalispell is one of the latest entities to take the goverment up on the offer. The landfill has been collecting methane gas produced by decaying garbage and then burning it, to prevent the greenhouse gas from escaping into the atmosphere.
Flathead Electric co-op's Ross Holter says next year a $3.5 million project will be financed by federal clean renewable energy bonds, and should pay for itself in about 15 years. The project will burn the methane gas that is currently being collected from the landfill, and drive a 1.6 megawatt generator hooked up to the Flathead Electric Co-op's distribution system. The generator will be capable of producing enough power for 900 homes.
July 09, 2008
PSC Approves NW Power Rate Increase
MONTANA, Jul 09 2008 (Neo Natura) - The Montana Public Service Commission has given final approval to a $15 million annual rate increase for NorthWestern Energy's electric and natural gas customers in Montana.
Tuesday's vote was 3-2 to approve the increase.
In effect on a temporary basis since January, it raised rates about 2 percent for both electric and gas customers.
It's the first time in eight years that NorthWestern or its predecessor, Montana Power Co., has raised its rates on the cost of delivering electricity and natural gas.
However, the utility's 320,000 customers in Montana have seen several price increases since 2002 for the gas and electricity commodity, which NorthWestern must buy on the open, unregulated market.
NorthWestern customers now pay among the highest total electric rates in the region, when compared to other major utilities.
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