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Buccaneer CEO suspended

...exacerbated problems. Buccaneer has had its successes in Cook Inlet, though. The company was successful with 2011 natural gas exploration and has developed its small Kenai Loop field that now has two wells producing gas. However, an expansion of...
Housing market continues upward trend in 2012

...Association of Realtors, attributes the continued growth to new businesses coming to the area as well as oil and natural gas exploration. "Overall, the economy is picking up around here and so are the sales of homes," Johns said. In 2012, there...
State opens gas, oil bids in North Slope Foothills, Cook Inlet areas

ANCHORAGE (AP) -- A Canada company active in Mackenzie Valley natural gas exploration helped set a record Wednesday for most oil and gas acres leased in a single sale in Alaska. Petro-Canada (Alaska Inc...
Hope resides in multiple energy sources

...piece of news into its proper perspective . . . Finally, yet another story earlier this week updated us on new natural gas exploration efforts in our own back yard. Buccaneer Alask LLC is doing site preparation for its Kenai Loop No. 1 well...
CIRCAC pitches contingency plan review

As oil and natural gas exploration and development in Cook Inlet grows, some organizations are looking at growing the safeguards of those operations. The Alaska...
Crunch time in Juneau: With two weeks to go, tensions build in Capitol

...It has passed the House and is before committees in the Senate. Another bill to expand a tax incentive for natural gas exploration, aimed mainly at Cook Inlet, is advancing though the House. House Bill 229 is sponsored by House Speaker Mike...
State: Watana would need subsidy to be affordable

...carefully weighed, he said in the paper. A major concern is that a subsidized Susitna project might discourage new natural gas exploration and development, Foster told the task force. The regional utility market is already small for the companies...
Delay in jack-up rig's arrival disheartening

...continues to work out a financial agreement with the Alaska Industrial Development and Export Authority. New oil and natural gas exploration is vital to the future of the Cook Inlet basin, and we've been waiting for years for efforts to bring a jack-up...
Local lawmaker champions industry bills

...control in checking that the rigs meet best industry practices. Another of Wagoner's efforts would incentivize natural gas exploration in other parts of the state. "One is a bill very similar to our Cook Inlet stampede, but it's going to be...
Buccaneer works on seismic, wells

Buccaneer Energy, the Australian-independent working near Wal-Mart, is continuing its natural gas exploration and development efforts with seismic studies throughout Kenai. Weems Geophysical is overseeing Buccaneer's seismic efforts on...


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