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Donkel evaluating North Slope acreage 11/14/2010
Fresh from sale of Cook Inlet holdings, Dan Donkel has high bids of almost $1 million in Beaufort Sea, North Slope lease sales
In July Samuel H. Cade and Daniel K. Donkel (in partnership with others on some leases), sold 196,524 acres of Alaska state Cook Inlet oil and gas leases to Apache Corp., 60 leases scattered across th...
Eni Petroleum gives up Rock Flour unit 07/18/2010
Italian major voluntarily terminates central North Slope unit; Escopeta, BRPC, Armstrong, FEX and others get and give up leases
Eni Petroleum voluntarily terminated the Rock Flour unit in June.
According to recently released state lease reports, the Italian major relinquished the central North Slope unit, tucked between the Pr...
Buccaneer adds lease at NW Cook Inlet 07/04/2010
Buccaneer Energy Ltd. said in a mid-June statement that it has added a lease to its Northwest Cook Inlet prospect, a group of tracts north and east of the North Cook Inlet gas field operated by Conoco...
Inlet producer open to tariff settlement 02/28/2010
Cook Inlet Energy urges regulators to continue formal proceedings on whether pipeline operator's 259 percent rate increase is proper
An oil producer protesting Cook Inlet Pipe Line Co.'s steep tariff increase says it is "willing to participate in any reasonable settlement process," but it also wants regulators to press on with form...
State takes in $807,891 at Beaufort sale 02/28/2010
Three bidders, including new entrant GMT Exploration, take 48,000 acres, 18 offshore tracts; highest bid adjacent to Oooguruk
The State of Alaska took in $807,891.20 in bids on 18 tracts in a Beaufort Sea areawide oil and gas lease sale held Feb. 24 in Anchorage.
The sale attracted three bidders or bidding groups and total...
CIPL to RCA: We're nearly 'non-profit' 02/07/2010
Operator of oil pipeline along Alaska's Cook Inlet tries to quell protest against its volcano-related 259 percent rate hike
Answering criticism of its steep tariff increase, Cook Inlet Pipe Line Co. is telling Alaska regulators its crude oil pipeline is "very small" and is operated on "nearly a non-profit basis."
Fledgling producer protests tariff hike 01/24/2010
Cook Inlet Energy, having just bought a package of oil and gas properties, fights pipeline company's 259 percent rate increase
Less than a month after regulators invited interested parties to jump into a case involving a steep tariff increase for shippers on a pipeline in Alaska's Cook Inlet, one oil producer has filed a form...
ExxonMobil joins critics of tariff hike 01/10/2010
ExxonMobil is among parties lodging concerns about Cook Inlet Pipe Line Co.'s steep tariff hike.
Steven Serpati, on behalf of ExxonMobil, filed a brief public comment with the Regulatory Commission of...
New Cook Inlet operator 12/06/2009
Local firm looks to take over abandoned Pacific Energy assets in $2.25M deal
Pacific Energy Resources Ltd. has won court permission to reclaim some of its abandoned Cook Inlet oil and gas assets for purposes of a sale to a new operator.
The key action came on Nov. 25, when a U...
Hasty Cook Inlet auction 11/08/2009
Sale set as part of Pacific Energy plan to recoup, liquidate assets it abandoned
The fate of some oil and gas assets Pacific Energy Resources Ltd. abandoned in Alaska's Cook Inlet remained in limbo as the company worked to regain control of the properties and sell them at auction....
Pacific Energy IDs buyers 09/13/2009
State of Alaska considers asset purchase but backs off, figuring to inherit property
The State of Alaska briefly considered buying some of the remaining Cook Inlet assets of imploding California oil and gas producer Pacific Energy Resources Ltd., but ultimately decided against it.