VANCOUVER , Canada , December 8, 2006, TSX Venture Exchange Trading Symbol: WGP – Western GeoPower Corp., a renewable energy company focused on geothermal energy development, today announced that it has negotiated a non-brokered private placement for total proceeds of CDN $2.5 million through the sale of 16,666,667 units at a price of $0.15 per unit. Each unit is comprised of one share and one share purchase warrant exercisable at a price of $0.25 per warrant share until December 30, 2008.

The proceeds of the financing will be used to continue the development of Western GeoPower’s planned 25.5 megawatt (net) power plant at the Company’s Unit 15 leasehold at The Geysers Geothermal Field 75 miles north of San Francisco, California; to repay the outstanding $1 million balance against the Company’s credit facility and the remaining funds will be applied toward working capital.

“The elimination of short-term debt and the contribution to working capital places the Company in a stable position to negotiate a power purchase agreement, to implement the environmental review and permitting process and to secure drilling and project financing,” said Kenneth MacLeod, President and Chief Executive Officer of Western GeoPower. “The permitting process will be significantly streamlined through the use of existing drill pads, roads and transmission infrastructure which supported the original 62 megawatt power plant operated by PG&E from 1979 to 1989.”

The new power plant, to be named Western GeoPower Unit 1, is projected to commence commercial operations in late 2009, providing approximately 200,000 megawatt-hours per year of clean, base-load electricity to the California market. California-based independent consultants GeothermEx, Inc. completed a feasibility report on the Unit 15 leasehold in October 2006, based upon an extensive database of resource information and demonstrated production history.

This is not an offer of securities for sale in the United States. The securities offered have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent such registration or an exemption from registration.

Corporate Overview

Western GeoPower Corp. is a renewable energy company dedicated to the development of geothermal energy projects for the delivery of clean, base-load electricity generation. The Company holds 100% interests in the South Meager Geothermal Project in British Columbia, Canada and the Unit 15 Steam Field located in The Geysers Geothermal Field in California, United States.

On behalf of Western GeoPower Corp.
“Kenneth MacLeod”
Kenneth MacLeod, President & CEO