Mustang Geothermal Corp. (URXE) Launches New Website

Apr. 11, 2011 1:26 PM ET

475 Followers

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Seeking Alpha Analyst Since 2008

QualityStocks (www.qualitystocks.net) assists publicly traded companies by getting their story out to the investment community while helping investors discover emerging companies with plenty of growth potential. Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. The content we provide via Seeking Alpha may be part of our efforts to widen a client’s exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net.

Mustang Geothermal Corp. is a geothermal power company focused on discovering, developing and operating a geothermal power plant within three years. Geothermal energy is a renewable energy source and refers to the power generated using heat from the Earth’s molten core.

The company owns a 100% interest in 16,350 acres of federal geothermal leases in five project areas in the state of Nevada. In 2010, Nevada had 19 privately-owned geothermal power plants producing a total 2.06 million megawatt hours of renewable electrical power and valued at $268 million. This is equivalent to the power needed by approximately 180,000 households for one year. Geothermal power generated by Nevada ranks second, behind only California.

Mustang Geothermal is planning for the start of exploration activities on high priority targets identified on its geothermal properties in Nevada. The company is negotiating with contractors on the availability of a drill rig for the 2011 field season in Nevada. In addition, it has mobilized geologic field teams for ground truthing and water testing of thermal springs on its Nevada properties.

The company today announced the launch of its redesigned corporate website. The new website delivers a snapshot of Mustang Geothermal along with the very latest information about the company and its exploration and development activities. The new website address is mustangeothermal.com

Please see disclaimer on QualityStocks website: disclaimer.qualitystocks.net

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You