ENERGY
From Times Staff and Wire Reports
Unocal to Sell Geothermal Properties in Siskiyou County: Unocal Corp. has agreed to sell its Glass Mountain-Medicine Lake geothermal properties in Northern California to California Energy Co. The move is part of the oil company’s continuing two-year plan to divest $700 million in assets. Terms of the sale, expected to close by March 31, were not revealed. Unocal owns a 61% stake in the 41,000-acre Glass Mountain-Medicine Lake properties, located on federal land in Siskiyou County, about 25 miles south of the California-Oregon border.
