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Vol. 14, No. 49 Week of December 06, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


New Cook Inlet operator

Local firm looks to take over abandoned Pacific Energy assets in $2.25M deal

Wesley Loy

For Petroleum News

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.S. Bankruptcy Court judge in Delaware signed an order vacating a previous order that had allowed Pa....

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The buyer

Pacific Energy’s fall


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