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Buccaneer sells assets; wants $20M from state

...The sale agreement is tentative pending final approval.Buccaneer filed for Chapter 11 bankruptcy in May after Cook Inlet gas exploration came up empty and financing deals fell through.Its claim that it is owed more than $20 million in ACES...
Federal requirements for Alaska LNG project laid out during lunch meeting

...the Alaska LNG project to move forward. But first, he told the audience about a proposal that would have taken Cook Inlet gas and shipped it to California. It would have cost more than $1 billion in the 1970s and got into a phase of the project...
What others say: Potential for Cook Inlet natural gas delivery to Fairbanks is welcome

...higher than expected, the trucking project's estimated gas cost could well rise above that of WesPac.News that Cook Inlet gas may be available for the Interior might well be frustrating for those trying to figure out the best plan. On the one...
What others say: Utility's pipe order meaningful step toward Interior energy relief aspect of the project that must be in place regardless of the gas source, so whether the North Slope plant or Cook Inlet gas are in position to deliver low-cost gas, the lines IGU is purchasing will be essential for residents.Whether you're...
More details released in Buccaneer bankruptcy

...use to drill several wells in the Inlet this summer, including a deep test for oil at the "Tyonek Deep" North Cook Inlet gas field held by ConocoPhillips'. That well will not be drilled, this summer at least. AIDEA officials expect Buccaneer...
Buccaneer sells holdings in Cosmopolitan, Cook Inlet jack-up rig

...offshore prospects still owned by Buccaneer. Those include "Tyonek Deep," or deep oil prospects in the North Cook Inlet gas field owned and being produced by ConocoPhillips, and where Buccaneer has an agreement to test the deep parts of the...
New gas platform for Cook Inlet now en route from Texas

...Nikiski and about 15 miles southwest of the ConocoPhillips Tyonek platform, which serves that company's North Cook Inlet gas field.Furie drilled its first exploration well, KLU No. 1, at the site in 2011 using the Spartan Offshore Drilling...
ConocoPhillips applies to restart exports

...recently sent a letter requesting that the company restart exports as a way to stimulate natural gas production in the Cook Inlet gas fields and continued exploration for more gas, ConocoPhillips Alaska spokesperson Natalie Lowman saidIn September, Acting...
Buccaneer struggles with offshore plans

...longer than expected.By the time the rig moved to Southern Cross, which is near ConocoPhillips' producing North Cook Inlet gas field, it was already too late to drill that well plus another well at Buccaneer's North West Cook Inlet prospect...
Reason to be optimistic

...local needs met, there is a need to find markets for Cook Inlet gas outside of Southcentral Alaska - a factor that has limited...years. With the LNG plant online, the market for Cook Inlet gas would greatly expand.Coupled with the potential for...


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