Escopeta’s Cook Inlet gas announcement raises questionsEnergy absorption rework of seismic suggests mammoth oil and gas reservoirs just off Nikiski says company; look before you leap, say local experts Steve Sutherlin PNA Managing Editor
Estimates of 12 trillion cubic feet of natural gas and 1.35 billion barrels of oil just east of the South Middle Ground Shoal unit in Cook Inlet by Escopeta Oil and Gas Corp. are not likely to produce a gas rush in the area any time soon, local experts say.
“Exploration results” rivaling North Slop....
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