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Discussion begins on oil tax credits facilitated the rig being brought to the Inlet where it drilled exploration wells and made a significant natural gas discovery. The authority sold its stake when the rig was taken out of Alaska.Two other options being considered include some...
Furie nears first production from Kitchen Lights field

...installed production platform at its Kitchen Lights gas discovery in Cook Inlet, the company said. It has been a long...Lights and Davis's foresight was vindicated when a gas discovery was made. Tim Bradner can be reached at tim.bradner...
State geologists raise estimates for Inlet gas reserves

...include resources that could be added from three recent gas discoveries where the estimated volumes are still confidential...Point, and NordAq Energy LLC's "Shadura" onshore gas discovery on the Kenai Peninsula. Resource estimates by Furie...
BlueCrest to partner with WesPac for Anchor Point natural gas Furie Operating and in winter storage at Port Graham. Furie has been using the rig to explore its Kitchen Lights gas discovery in upper Cook Inlet. Johnson said the estimated gas reserves at Cosmopolitan are confidential, "but they are substantial...
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 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...
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...


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