New buyer for KLU
Kachemak Exploration to buy Furie assets; lawsuits and objections settled
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....
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Deposit into escrow
Default declared on HEX bid
Lawsuits and objections settlement hearing expedited
Gas discovery in 2011
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