State denies Corsair unit expansion
Two of Pacific Energy’s first three wells in Cook Inlet prospect were planned for leases state to offer in May 2009 lease sale
On April 30, the state of Alaska denied a request to more than double the size of Corsair unit in the waters of Cook Inlet, arguing that expanding the Pacific Energy Resources-operated unit would be like “warehousing” undeveloped leases.
The decision presents a curious scenario around the upcoming....
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