Nevada Geothermal Power Inc.
TSX VENTURE : NGP
OTC Bulletin Board : NGLPF

Nevada Geothermal Power Inc.

November 15, 2005 09:20 ET

Nevada Geothermal Completes Phase 1 Drill Prgram at Pumpernickel Geothermal Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 15, 2005) - Nevada Geothermal Power Inc. ("NGP") (TSX VENTURE:NGP)(OTCBB:NGLPF), today reported that four thermal gradient wells have been completed at Pumpernickel geothermal power project in Nevada.

Two wells were drilled to approximately 305 metres (1000 feet), one well to approximately 360 metres (1180 feet) and well PVTG-3, the deepest test, was drilled to approximately 488 metres (1600 feet) and lined with (4 1/2") steel casing. This procedure allows for well PVTG-3 to be re-entered and deepened. Phase II program starting in early 2006, will include a deep well intended to drill into the Pumpernickel resource.

Temperatures in wells continue to be measured with wellbore PVTG-3 providing the highest at 81 degrees C (178 degrees F). Drill cuttings were sent to the Nevada Bureau of Mines and the water samples have been sent to Thermochem Labs for analysis. All the results are currently being collected and compiled with a summary report expected within weeks.

The drill program completes the first phase of a two-phase exploration program recommended by T. Sadlier-Brown, independent project consultant, in order to establish the presence of a commercially viable geothermal resource. David Blackwell, geothermal heat flow expert and the world's foremost expert on temperature gradient analysis, has identified the Pumpernickel site as one of the top geothermal prospects in Nevada. (Ref: http://www.smu.edu/geothermal/publications/GRC_Forgottenones.htm).

The Phase I budget was approximately US$926,000 which included direct exploration expenditures of US$740,000 of which 80% is to be funded by the U.S. Department of Energy under terms of a cost sharing agreement and the balance from Inovison Solutions.

Inovision Solutions Inc., a TSX-V (IVS) listed company, has an option to earn a 50% joint venture interest by completing C$5,000,000 in project expenditures and by paying C$120,000 in cash and 600,000 shares of IVS to NGP over a five year period. Project engineering is managed by Nevada Geothermal Power Inc.

Previous geothermometry work on Pumpernickel has produced reservoir temperature estimates ranging from 150 degrees C (302 degrees F) to 218 degrees C. (424 degrees F). The new drilling corroborates, with earlier studies interpreting that widespread geothermal fluids are being channeled to the surface through range-front faults and suggest that the site is an excellent prospect for discovery of an electricity-grade geothermal resource. Additionally, the site is located in an area of reasonably well-developed infrastructure with no apparent environmental issues.

Nevada Geothermal Power Inc. is a renewable energy company developing geothermal projects in the United States to provide electrical energy that is clean, efficient and sustainable. NGP is committed to the geothermal industry and currently owns a 100% leasehold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior, all of which are ideally situated in Nevada and Crump Geyser in Oregon. An initial 30 MW power plant is planned to begin generating power at the Blue Mountain site in 2007 subject to further resource drilling and feasibility studies.

Brian D. Fairbank, P. Eng, CEO & President is a Qualified Person under National Instrument 43-101.

Nevada Geothermal Power Inc.

Brian D. Fairbank, P. Eng.

President & CEO

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from registration is available.

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release including such forward-looking statements.


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