Buccaneer to lease MHT land near Kenai
Australian company offers high bonus bid and royalty rate, as well as a promise to drill next year, in return for acreage
For Petroleum News
The Alaska Mental Health Land Trust Office plans to lease acreage on the Kenai Peninsula to Buccaneer Alaska, saying the company will drill within the next year.
The 3,427-acre lease is two miles northeast of the city of Kenai and the Cannery Loop unit, on undeveloped land the Trust called “highly p....
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