Refine Search

Exploration work to resume at Cosmopolitan prospect

...offshore Cosmopolitan oil and gas discovery in Cook Inlet, company officials...Cosmopolitan, where it confirmed the gas discovery. At that time, Buccaneer Energy...wells to delineate the shallow gas discovery made in 2013. The first well...
More details released in Buccaneer bankruptcy was still left seeking other longer-term capital. There was a second win, however, with a potentially major gas discovery at Cosmopolitan, near Anchor Point. It was a bittersweet development, though. To raise cash, Buccaneer had to...
Buccaneer files for bankruptcy the Inlet and an expensive dry-hole on the Peninsula. There was a second win, however, a potentially major gas discovery at Cosmopolitan, near Anchor Point. In a bittersweet development, though, Buccaneer had to sell its minority interest...
First LNG ship since 2012 arrives at ConocoPhillips plant near Kenai

...for regional utilities, which are also supplied by ConocoPhipps. Utilities' needs are now met through recent new gas discoveries by Hilcorp and other companies, which has allowed for a resumption of exports. Tim Bradner can be reached at tim...
Agrium now included in refinery tax credit bill pending in Juneau

...built in 1969 and operated until being closed in 2007 when natural gas supplies in Cook Inlet became scarce. Now more gas discoveries are being made, which might make the manufacturing of urea fertilizer and ammonia feasible again, Agrium has said...
Buccaneer sells holdings in Cosmopolitan, Cook Inlet jack-up rig

...Buccaneer, as operator at Cosmopolitan, drilled an exploration well at Cosmopolitan in 2013 and made a natural gas discovery. Pioneer Natural Resources, which previously owned the asset, had also confirmed an oil discovery at deeper reservoir...
Buccaneer struggles with offshore plans

...Buccaneer's timing problems began with the drilling of another exploration well, Cosmo No. 1, in south Cook Inlet. A gas discovery was made and testing took longer than expected.By the time the rig moved to Southern Cross, which is near ConocoPhillips...
Buccaneer CEO suspended

...Buccaneer's cash crunch hit in mid-2013, however, the company had to sell its 25 percent share to BlueCrest following the gas discovery along with a 50 percent ownership stake in the jack-up rig Endeavour, which was used in the drilling at Cosmopolitan...
Energy industry projects expected to bring economic boom to area

...necessary environmental permits;? Support from local, state and federal governments."We think that the recent gas discoveries are very, very encouraging," Kelemen said. Agrium closed its plant in 2007 due to a lack of natural gas, and...
Gas supplies tight; producers to rescue? this winter, but Buccaneer Energy still plans to drill a gas prospect at Cosmopolitan, an offshore oil and gas discovery in Cook Inlet. However, even if the gas accumulation that is known there can be commercially produced it can't...


  • 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