Buccaneer sets casing at Cosmo - May 26, 2013

Providing coverage of Alaska and northern Canada's oil and gas industryMay 2013

Vol. 18, No. 21

Week of May 26, 2013

Buccaneer sets casing at Cosmo

Buccaneer Energy Ltd. has run and cemented surface casing at its Cosmo No. 1 well.

The Australian independent said the offshore well has reached 800 feet as of May 20, the depth planned for surface casing. Buccaneer plans to drill to a target depth of 8,000 feet.

The company plans to set intermediate casing at the top of the Tyonek formation at 2,000 feet as well as at 6,000 feet before drilling through the oil-bearing Starichkof sands.

The Cosmopolitan prospect is off the coast of Anchor Point.

—Eric Lidji

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
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