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Buccaneer quits test well, state could cancel leases

Buccaneer Energy Ltd. is having its share of problems with its Cook Inlet offshore exploration. The company has…

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Buccaneer temporarily moves jack-up rig to Port Graham

Although Homer city officials said they hoped the jack-up rig Endeavour-Spirit of Independence would moor at the Deep…

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Buccaneer begins move to West Eagle

Late last week, Buccaneer Energy announced that “all outstanding approvals and permits have been granted” for the company’s…

Reports are positive for Buccaneer Energy’s Cosmopolitan No. 1 site near Stariski. -Photo by McKibben Jackinsky, Homer News

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Buccaneer pleased with results at Cosmo

Buccaneer Energy CEO Curtis Burton says he is very pleased with results so far on the company’s Cosmo…

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Hilcorp signs contracts to supply natural gas to utilities

New gas contracts are being signed with Southcentral electric utilities, alleviating concerns that there could be near-term gas…

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TOTE’s conversion to LNG on track

Almost a year after announcing it would convert two of its vessels to liquefied natural gas, officials with…

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Buccaneer prefers subsea system to develop its Cosmopolitan site

Independent oil and gas explorer Buccaneer Energy says it would prefer a subsea production system for the development…

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Firms drill ahead on inlet projects

Two closely watched Cook Inlet exploration wells being drilled with jack-up rigs are reported to have reached or…

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Apache’s seismic work still stalled by permit delays

After launching one of the largest and fastest 3D seismic data gathering campaigns in Cook Inlet’s history, Apache…

The Endeavour-Spirit of Independence jack up rig, seen here in early April at the Cosmopolitan site near Anchor Point, has spudded its first well nine months after it arrived in Cook Inlet from Singapore in mid-August 2012. Buccaneer said it would drill to a depth of 8,000 feet to test for oil and gas on the site. Drilling is expected to take 45 days.-Photo by Brian Smith/Peninsula Clarion

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Buccaneer spuds first well at Cosmo site

Buccaneer Energy has spudded its first well with the Endeavour-Spirit of Independence jack-up rig nine months after it…

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Lower revenues, oil production forecast

JUNEAU — The state Department of Revenue issued its spring oil revenue and production forecast Friday and is…

The Endeavour rests Monday off Stariski-Photo by Brian Smith, Morris News Service - Alaska

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Jack-up rig now at lease site

With little fanfare but much anticipation, a small group of residents watched early last Friday morning as the…

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Endeavour gets shipping certificate; spill plan delayed

The jack-up rig Endeavour-Spirit of Independence received one of its certifications that will allow it to move soon…