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Vol. 25, No.08 Week of February 23, 2020
Providing coverage of Alaska and northern Canada's oil and gas industry


New buyer for KLU

Kachemak Exploration to buy Furie assets; lawsuits and objections settled

Steve Sutherlin

Petroleum News

According to documents filed in the Chapter 11 bankruptcy case of Furie Operating Alaska LLC, Anchorage-based HEX LLC was unable to raise the money needed to buy Furie’s assets, primarily the Cook Inlet Kitchen Lights offshore unit and related infrastructure such as the Julius R offshore platform, o....

    [additional news subjects in this story]

Deposit into escrow

Default declared on HEX bid

Lawsuits and objections settlement hearing expedited

Gas discovery in 2011


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