Refine Search

As CIE works to avoid bankruptcy, state wires partial tax credit payment

...It also owns assets in the North Slope through a 67.5 percent stake in the Badami field which it bought in December. It has been working to sell its stake in Badami to an Alaskan partner in order to focus on its "core assets" Giesler said...
Cook Inlet Energy parent company files for bankruptcy protection

...that the combination of tax credit payments owed to the company by the State of Alaska, the sale of non-core assets like the Badami field on the North Slope and now-failed negotiations with a large lender could help the company avoid restructuring. On Thursday...
Miller Energy, two execs, charged with inflating the company's value

...Cook Inlet in the North Fork and West MacArthur fields, and on the North Slope of Alaska through a 67.5 percent stake in the Badami field this past December. Its operations are managed from Anchorage. According to the SEC charges, the company and Hall requested...
Cook Inlet Energy faces involuntary bankruptcy petition

...Inlet and the North Fork Unit near Anchor Point. In December 2014 it purchased a two-thirds stake in the oil-producing Badami Unit on the North Slope. The company has benefitted heavily from Alaska's tax credits program. In July, it told investors...
NTSB recommends safety audit of Alaskan aviation

...passengers and two crew members were not injured. On Nov. 22, an Era Alaska on-demand charter flight crashed while landing at Badami Airport near Deadhorse. The two-person crew and a passenger were not injured but the airplane was badly damaged. The NTSB...
Shell moves closer to gaining offshore drilling approval

...advantage of existing pipelines built east from Prudhoe Bay to Badami. By the time Shell possibly finds and develops oil in the area, a new pipeline will be built farther east from Badami to the Point Thomson area, where ExxonMobil, BP and Chevron...
Coastal program worked for Alaska

...development of oil and gas. We worked closely with industry and federal agencies in developing the Northstar, Alpine, and Badami fields. For the first time in a generation, we opened millions of acres of federal land in the NPR-A. All of these oil...
Right investment climate can help stem decline

...Look at our track record over the last 10 years. We developed Alpine, Northstar, Oooguruk and Nikaitchuq and we restarted Badami. These don't total 10, but the amount of oil is about the same," Armfield said. There are a large number of prospects...
Bristol Bay Native Corp. acquires Peak Oilfield Services

...mine.Native corporations also have a stake in North Slope producing fields. ASRC is a part owner of the producing Alpine and Badami fields on the slope own leases state lands for exploration it does itself, while NANA holds a small working interest in the...
Looking forward: 2011 economy in limbo

...advantage Shell has that Unocal and Arco didn't have before is established pipeline built 30 miles east from Prudhoe Bay to Badami, and that will be extended in 2014 to ExxonMobil's new gas condensate project at Point Thomson. Being able to use this pipeline...


  • 150 Trading Bay Rd, Kenai, AK 99611
  • Switchboard: 907-283-7551
  • Circulation and Delivery: 907-283-3584
  • Newsroom Fax: 907-283-3299
  • Business Fax: 907-283-3299
  • Accounts Receivable: 907-335-1257
  • View the Staff Directory
  • or Send feedback