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Vol. 8, No. 7 Week of February 16, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Alaska fear factor strikes again: independent pulls plug on Sak River

Kansas independent AVCG has dropped the Sakonowyak River prospect, but not giving up on Alaska; will focus on North Slope Colville prospects

Kay Cashman

PNA Publisher & Managing Editor

John Jay “Bo” Darrah Jr., CEO of Alaska Venture Capital Group LLC, told Petroleum News Alaska Feb. 6 that his company has canceled its plans to further explore the North Slope Sakonowyak River prospect in Gwydyr Bay and asked the state to disband the 11,520-acre unit. The Sak River unit contains bot....


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