Cook Inlet finally pays off for Danco investorsAs his corporation wraps up its affairs, and with royalty income from Redoubt Shoal soon to flow in, Dan Donkel is looking at forming a new corporation to pursue other prospects in Alaska, including Cook Inlet’s Harriet Point Steve Sutherlin PNA Managing Editor
Danco Exploration and its founder Dan Donkel will finally cash in on their Cook Inlet investments later this year when they collect on overriding royalties from the Redoubt Shoal unit, an offshore oil field under development by Forest Oil Corp. in northern Cook Inlet. Depending on whom you talk to —....
[additional news subjects in this story]
Began buying leases in 1983 Danco sells Redoubt to Forcenergy Donkel says case law important Donkel’s future prospects March 1996: Danco hires top analyst to evaluate Redoubt Shoal Unocal looking for more oil Estimates range from 10-400 million barrels Danco has advantage
Danco packaging deal
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 09/29/2019)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 