State and Escopeta near deal on Kitchen
Details limited, but Banks tells House committee division is awaiting a final plan of exploration for the offshore Cook Inlet unit
The state is near an agreement with an independent oil company on a proposal to explore a bundle of offshore prospects in the Cook Inlet, according to a top oil and gas official.
The Division of Oil and Gas is waiting for Houston-based Escopeta Oil to provide a final plan for exploring the proposed....
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Unit would be largest in inlet
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