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Providing coverage of Alaska and northern Canada's oil and gas industry
January 2003

Vol. 8, No. 3 Week of January 19, 2003

Aurora closes on Anadarko leases, begins Lone Creek pipeline project

Petroleum News Alaska Staff

Aurora Gas LLC said Jan. 9 that it has closed on its previously announced acquisition of Anadarko Petroleum Corp.'s entire Cook Inlet lease holdings. The Anadarko Cook Inlet lease holdings include approximately 20,000 net acres on the west side of Cook Inlet and approximately 33,000 net acres on the Kenai Peninsula.

Aurora said that this acreage, combined with its recently acquired acreage from ConocoPhillips and previous leasehold, brings the company's total to approximately 100,000 acres leased in the Cook Inlet area of Alaska.

Aurora also said it has begun installation of the Lone Creek gas gathering system and anticipates that the project will be completed in the first quarter of the year. The six-inch, six-mile line will connect the Lone Creek No. 1 well to the Marathon-owned and operated Beluga pipeline.

Aurora said it will be delivering natural gas from the Lone Creek well to the Alaska Pipeline Co. for Enstar Natural Gas Co. system requirements.






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