Buccaneer streamlines operations

  • By McKibben Jackinsky
  • Tuesday, December 31, 2013 5:28pm
  • NewsBusiness
MARK LANDT-Photo provided

MARK LANDT-Photo provided

Buccaneer Energy “has done a little reshaping, streamlining operations,” Jay Morakis of JMR Worldwide and the media contact for the company told the Homer News late last month. 

One result of the changes is that Christina Anderson, formerly Buccaneer’s environmental and stakeholder relations manager, is no longer with the company. Anderson gave an update on Buccaneer’s operation at the Homer City Council’s regular meeting on Dec. 9.

Mark Landt, vice president of land and business development, will resume his role as the local contact. He can be reached through Buccaneer’s Anchorage office at 907-868-3344.

“He was the contact before (Anderson) was hired. He’ll just take the role he had before she was brought on,” said Morakis.

Landt was in Homer in July for meetings with the public in Homer and at McNeil Canyon Elementary School. He has a 25-year history in the oil and gas industry, with 15 years directly in Alaska and five years located in Alaska, according to information provided by Buccaneer. Landt began his career with ARCO, and, over the course of 25 years, has served in land, acquisition, divestiture and managerial positions both in the United States and internationally. He has a bachelor of business administration in petroleum land management from the University of Oklahoma.

In Homer, Buccaneer maintains an office at 412 Pioneer Ave. 

In other news from Buccaneer, the Glacier Rig has been moved from Kenai to the site of the West Eagle project 21 miles east of Homer, but drilling has not yet begun. The project targets a 150-foot Upper Tyonek interval of sandstones where gas has been indicated. 

“The West Eagle well will test a large amplitude anomaly mapped on 233 miles of 2D seismic data,” according to a Dec. 19 press release. The size of that anomaly is estimated at more than 4,000 acres.

Under the terms of a unit agreement with the Alaska Department of Natural Resources, Buccaneer was required to spud, drill, the well before Dec. 1 to retain a $600,000 bond. The agreement also required the well to be completed to approximately 5,200 feet by Jan. 31 in order to retain a second $600,000 bond and the acreage within the approved unit.

“Once the well has been completed, the company will explore its options with DNR regarding the status of the first bond,” said the press release. 

Testing of the well, once drilling is complete, is anticipated to take an additional eight days.

While Buccaneer awaits guidance from Alaska regulatory groups regarding approval of the company’s applications for its offshore winter drilling operations, the jack-up rig Endeavour-Spirit of Independence remains in Port Graham. The rig spent last winter in Homer before being moved to the Cosmopolitan site near Stariski.

In August, Buccaneer Energy CEO Curtis Burton said he was “very pleased” with results from the Cosmo No. 1 exploration. The Cosmo No. 2 well will be limited to the gas zones intersected in the Cosmo No. 1 well, and will be drilled in a way to “further understand the extent of the gas field,” said the Dec. 19 press release. 

As operator of the Cosmopolitan Project, Buccaneer applied to the Alaska Oil and Gas Conservation Commission Oct. 8 to drill the Cosmo No. 2 site. It is still waiting for direction from the agency regarding the company’s drilling plan and timing.

McKibben Jackinsky can be reached at mckibben.jackinsky@homernews.com.

More in News

Coast Guardsmen and state employees load the Together Tree bound for the Alaska Governor’s Mansion on a truck on Nov. 29, 2021 after the Coast Guard Cutter Elderberry transported the tree from Wrangell. (USCG photo / Petty Officer 2nd Class Lexie Preston)
Governor’s mansion tree arrives in Juneau

No weather or floating lines could stay these Coast Guardsmen about their task.

The Kenai Community Library health section is seen on Tuesday, Oct. 26, 2021. The Kenai City Council voted during its Oct. 20 meeting to postpone the legislation approving grant funds after members of the community raised concerns about what books would be purchased with the money, as well as the agency awarding the grant. The council will reconsider the legislation on Wednesday, Dec. 1, 2021. (Camille Botello/Peninsula Clarion)
Kenai council to consider library grant again

The council earlier voted to postpone the legislation after concerns were raised about what books would be purchased.

EPA logo
Alaska Native group to receive EPA funds for clean water projects

The agency is handing out $4.3 million to participating tribal organizations nationwide.

Study: PFD increases spending on kids among low-income families

New study looks at PFD spending by parents

Image via the Alaska Department of Environmental Conservation
Nikiski soil treatment facility moves ahead

The facility, located at 52520 Kenai Spur Highway, has drawn ire from community residents.

Commercial fishing and other boats are moored in the Homer Harbor in this file photo. (Photo by Michael Armstrong/Homer News)
Seawatch: Bycatch becomes hot issue

Dunleavy forms bycatch task force.

Rep. Chris Kurka, R-Wasilla, leaves the chambers of the Alaska House of Representatives on Friday, March 19, 2021, after an hour of delays concerning the wording on his mask. On Monday, Kurka announced he was running for governor in 2022. (Peter Segall / Juneau Empire)
Wasilla rep announces gubernatorial bid

Kurka said he was motivated to run by a sense of betrayal from Dunleavy.

The Joint Base Elmendorf-Richardson star is Illuminated on the side of Mount Gordon Lyon on Wednesday, Sept. 11, 2019, just east of Anchorage, Alaska, in observation of the 18th anniversary of the terrorist attacks. A crew from the base went to light the 300-foot wide holiday star, but found that only half of the star’s 350 or so lights were working, the Anchorage Daily News reported. Airmen from the 773rd Civil Engineer Squadron Electrical Shop haven’t been able to figure out what was wrong and repair the lights, but they plan to work through the week, if necessary, base spokesperson Erin Eaton said. (Bill Roth/Anchorage Daily News via AP)
Avalanche delays holiday tradition in Alaska’s largest city

ANCHORAGE — A holiday tradition in Alaska’s largest city for more than… Continue reading

AP Photo/Gregory Bull,File
In this Saturday, Jan. 18, 2020, photo, George Chakuchin, left, and Mick Chakuchin look out over the Bering Sea near Toksook Bay, Alaska. A federal grant will allow an extensive trail system to connect all four communities on Nelson Island, just off Alaska’s western coast. The $12 million grant will pay to take the trail the last link, from Toksook Bay, which received the federal money, to the community of Mertarvik, the new site for the village of Newtok. The village is moving because of erosion.
Federal grant will connect all 4 Nelson Island communities

BETHEL — A federal grant will allow an extensive trail system to… Continue reading

Most Read