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The Endeavour jack-up rig may be put back to work later this year or spring 2015 after undergoing maintenance at Port Graham this summer. BlueCrest Energy of Fort Worth, Texas, intends to drill for oil from shore this summer and wants to use the Endeavour to drill for gas, both at the Cosmopolitan prospect near Anchor Point. The rig is show above at the Cosmo site in 2013.

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Work to resume at Cosmopolitan prospect

A drill rig likely will be starting work again later this year near Anchor Point.  BlueCrest Energy Inc.…

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North Dakota marks oil milestone

WILLISTON, N.D.  — North Dakota has joined the ranks of the few places in the world that produce…

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North Slope drilling reaches record level during past winter

A record number of drill rigs were at work on the North Slope this winter. According to weekly…

How ’bout them ACES?

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How ’bout them ACES?

It’s just overwhelming — the media coverage of how we should vote this fall on the ballot measure…

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Group wants to export crude oil from Skagway

JUNEAU — Alaskans know Valdez as the state’s oil port of choice, but an independent Yukon oil producer…

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ConocoPhillips to resume LNG shipments from Nikiski plant

ConocoPhillips is restarting its liquefied natural gas plant on the Kenai Peninsula and will resume shipments of LNG…

Buccaneer Energy, an Australia-based independent company exploring for oil and gas in Cook Inlet, has suspended its CEO Curtis Burton, shown in this undated file photo,  and asked that trading of its shares on the Australian stock exchange be suspended while a restructuring of the company’s finances is accomplished.-Photo by Michael Dinneen/Alaska Journal of Commerce

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Buccaneer Energy suspends its CEO in shakeup; Cook Inlet strategy may be under review

Buccaneer Energy, an Australia-based independent company exploring for oil and gas in Cook Inlet, has suspended its CEO…

The Endeavour-Spirit of Independence jack-up rig drills at the Cosmopolitan site in August of 2013.-Homer News file photo

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Energy players in Cook Inlet expect progress to continue

Oil and gas companies have been making waves with developments in Cook Inlet and the Kenai Peninsula during…

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Buccaneer to abandon its West Eagle project

After drilling 3,700 feet and not hitting hydrocarbons, Buccaneer Energy Alaska will abandon its West Eagle No. 1…

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Cleanup continues at fatal crash site

Cleanup of drilling cuttings, hydraulic fluids and other potentially hazardous waste continues at the site of a truck…

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Council: Homer harbor open for business

The Homer City Council earlier this month unanimously passed a resolution expressing and formalizing the city’s position and…

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State: Don’t blame revenue drop on SB 21

The oil tax law touted as guaranteeing Alaska a bigger slice of the profits pie when oil prices…

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Kenai OKs drill waste facility

After a brief presentation by Buccaneer Alaska Operations LLC representatives, Kenai Planning and Zoning Commission members unanimously approved…