Pioneer Oil eyes CBM development in Alaska
Kay Cashman Petroleum News Publisher & Managing Editor
A May 19 state lease sale for Alaska’s Cook Inlet Basin drew winning bids of more than $2.7 million, as well as a major new player, Pioneer Oil Co. of Lawrenceville, Ill. (See related page 1 story.) The independent submitted high bids totaling $793,152 on 27 tracts in primarily two onshore lease blo....
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Not looking at heavily populated areas Coming to Alaska in June
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