The new Furie Operating Alaska platform planned for Cook Inlet is en route to from a Texas fabrication facility towed by a Crowley Maritime Corp. tug.
KENAI -- Oil companies bid more than $1.2 million for 30 tracts in the state's annual Cook Inlet oil and gas lease sale. The companies apparently are focusing on natural gas prospects.
Buccaneer Energy will have access to drill for oil with the Endeavour-Spirit of Independence jack-up rig within a well-established Cook Inlet unit known for its gas reserves after inking a deal with ConocoPhillips.
ANCHORAGE (AP) -- Conoco Inc. is once again a leaseholder on the North Slope, nearly a decade after leaving Alaska.
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