Reykjavík Energy and Iceland Drilling (ID) today entered into a contract covering the drilling of geothermal wells in the Mount Hengill area, east of Reykjavík.

The owners of Enex have reached an agreement on the split-up of the geothermal construction and development company.

The surface exploration on the Biliran geothermal working area is making good progress, Envent Holding Philippines Incorporated announced today.