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
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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