Exhibit 4.58


Exhibit
  4.58




	
	NEVADA LAND & RESOURCE COMPANY, LLC

3480 GS Richards Boulevard, Suite 101 - Carson City, NV 89703 -Tel 775.885.5000 - Fax 775.885.5005







	
	Received

NOV 15 2006





November 3, 2006




NEVADA GEOTHERMAL POWER CO.

Ste 900 - 409 Granville Street

Vancouver, BC V6C 1T2




RE:

Geothermal Lease #189093




Dear Leasee:




Please be advised that effective October 3, 2006, a portion of the land subject to the aforementioned lease was conveyed and is under new ownership. Attached is a lease assignment that provides the name and address of the new owner. Also attached is a lease amendment, reducing the acreage of your lease for that property which was conveyed.




If you have any questions, or require additional information, please contact me at (775) 885-5000 x 109.




Sincerely,




/s/ Danielle Bettridge




Danielle Bettridge

Administrative Services Manager

















			
	HUMBOLDT COUNTY, NEVADA PAID $16.00 

	10/03/2006 

	#2006-6609


	MARY ANN HAMMOND, RECORDER--WESTERN TITLE COMPANY INC-WMCA 

	03:32:05PM 

	1 OF 3







RECODING REQUESTED BY

AND WHEN RECORDED RETURN TO:

RLF Nevada Properties, LLC 

523 S.Cascade Avenue, Suite E Colorado Springs, CO 80903

COPY - has not been compared

with the Original Document - HCR




APN: 05-341-18 




PARTIAL ASSIGNMENT OF GEOTHERMAL LEASE #189093




THE UNDERSIGNED for and in consideration of the sum of Ten Dollars ($10.00), to them in hand paid, and other valuable consideration, receipt of which is hereby acknowledged, do hereby partially assign, transfer and set over to RLF NEVADA PROPERTIES, LLC, a Colorado limited liability company whose address is 523 S. Cascade Avenue, Suite E, Colorado Springs, CO 80903, its prorata right, title, and interest including, but not limited to, that portion of the rents, royalties, and profits accruing in and to that portion of a certain Lease Agreement dated May 1, 1986, wherein NEVADA LAND AND RESOURCE COMPANY, LLC a Nevada Limited Liability Company, whose address is 3480 GS Richards Blvd., Ste 101, Carson City, NV 89703, is named as Lessor and NEVADA GEOTHERMAL POWER, INC,, whose address is Ste 900-409 Granville Street, Vancouver, BC V6C I T2, is named as Lessee with respect to only that real property, containing 640.00 acres, situate in the County of Humboldt, State of Nevada and more particularly described as:




Township 36 North, Range 34 East, MDB&M 

Section 13

All

640.00 acres




TO HAVE AND TO HOLD unto RLF NEVADA PROPERTIES, LLC for and during all the rest of remainder of the term mentioned in said Lease, covenants and conditions contained in said Lease.




IN WITNESS WHEREOF, the undersigned has executed this document on this 18th day of September, 2006.




		
	NEVADA LAND AND RESOURCE COMPANY, LLC

	 

	By: 

                       /s/ Dorothy A. Timian-Palmer                         

	 

	Dorothy A. Timian-Palmer, Chief Operating Officer

	 



























			
	HUMBOLDT COUNTY, NEVADA PAID $16.00 

	10/03/2006 

	#2006-6609


	MARY ANN HAMMOND, RECORDER--WESTERN TITLE COMPANY INC-WMCA 

	03:32:05PM 

	2 OF 3







		
	STATE OF NEVADA

	)


	 
	)ss.


	 COUNTY OF CARSON CITY

	)







 This instrument was acknowledged before me on September 18, 2006 by Dorothy A. Timian-Palmer its Chief Operating Officer of and for Nevada Land and Resource Company, LLC, a Nevada limited liability company.




		
	                 /s/ Elizabeth Leisek                 

	ELIZABETH LEISEK

NOTARY PUBLIC

STATE OF NEVADA

My Appt. Exp. Sept. 7, 2010

No. 06-108485-2


	 

	Notary Public


	 









ASSUMPTION OF LICENSE







THE UNDERSIGNED,for and in consideration of the avoce assignment, does herewith and hereby assume the above-described License and aggress to hold NEVADA LAND AND RESOURCE COMPANY, LLC harmless from any and all liability that might arise pursuant to such portion of said License, which liability is not the fault of Assignor.







IN WITNESS WHEREOF, the undersigned has executed this document on                                    .







RLF Nevada Properties, LLC




                                                                              




By:







STATE OF                                   )




COUNTRY OF                             )




This instrument was acknowledged before me on                                                   ,




By                                                             .
















                                                                

Notary Public




































			
	HUMBOLDT COUNTY, NEVADA PAID $16.00 

	10/03/2006 

	#2006-6609


	MARY ANN HAMMOND, RECORDER--WESTERN TITLE COMPANY INC-WMCA 

	03:32:05PM 

	3 OF 3







		
	STATE OF NEVADA

	)


	 
	)ss.


	 COUNTY OF CARSON CITY

	)







This instrument was acknowledged before me on September 18, 2006 by Dorothy A. Timian-Palmer its Chief Operating Officer of and for Nevada Land and Resource Company, LLC, a Nevada limited liability company.




		
	                 /s/ Elizabeth Leisek                 

	ELIZABETH LEISEK

NOTARY PUBLIC

STATE OF NEVADA

My Appt. Exp. Sept. 7, 2010

No. 06-108485-2


	 

	Notary Public


	 









ASSUMPTION OF LICENSE







THE UNDERSIGNED, for and in consideration of the avoce assignment, does herewith and hereby assume the above-described License and aggress to hold NEVADA LAND AND RESOURCE COMPANY, LLC harmless from any and all liability that might arise pursuant to such portion of said License, which liability is not the fault of Assignor.







IN WITNESS WHEREOF, the undersigned has executed this document on                                     .







RLF Nevada Properties, LLC




                        /s/ James W. Geisz                        




By: James W. Geisz







STATE OF          Colorado           )




COUNTRY OF   El Paso              )




This instrument was acknowledged before me on         9-25-06                               ,




By                James W. Geisz                   .










           /s/ Patricia Beiner                         

Notary Public




	
	Patricia Beiner, Notary Public

State of Colorado

My Commission Expires 3/4/2009






























NEVADA LAND & RESOURCE CO LLC

TEMPLATE TO CALCULATE PRORATED CONTRACT REVENUES




BAITIS/LAMPERT (A) - 189093 

NEVADA GEOTHERMAL POWER







TO CALCULATE NEW ANNUAL PREMIUM BASED ON A HIGHER OR LOWER NUMBER OF ACRES IN A CONTRACT:

		
	ENTER ORIGINAL CONTRACT ACREAGE

	3,172.28


	ENTER ORIGINAL ANNUAL CONTRACT REVENUE

	$

  6,344.56


	PRICE PER ACRE

	$

2.0000


	





ENTER ADJUSTED CONTRACT ACREAGE

	2,532.28


	PRICE PER ACRE

	$

  2.0000


	PRORATED ANNUAL REVENUE

	$

  5,064.56


	PRORATED QUARTERLY REVENUE

	$

  1,266.14


	











TO PRORATE AN ANNUAL PREMIUM OVER A PERIOD OF TIME:

ENTER ANNUAL CONTRACT REVENUE

	$


	PER DAY REVENUE

	$


	


ENTER NUMBER OF DAYS TO PRORATE

	 

	PRORATED REVENUE

	$







ADJUSTED ANNUAL FEE = $5,064.56