Buccaneer Energy is seeking an extension to its September 30th deadline to spud a well in its West Eagle project on the Southern Kenai Peninsula.
In a Press Release Friday, the company said they had submitted an application to the Department of Natural Resources to unitize the project area, which included two years’ worth of appraisal work done by Buccaneer.
Buccaneer says they expect DNR to approve the new Unit and that a new deadline to spud a well will be mid to late 2013. The extension will allow Buccaneer more time to go over seismic data they’ve collected on the area and complete a well design before spudding in the first quarter of next year.
The company’s Glacier Drilling rig had been slated to drill in this area next month, but will instead stay on site at the Kenai Loop Number Four Well. The first well planned for West Eagle is anticipated to go to a depth of ten-thousand total vertical feet, where it will tap into reserves that have already produced nineteen-billion-cubic-feet of gas.
Regional air service provider Era Alaska has received an award for its role in supporting tourism on the Kenai Peninsula.
During the Kenai Peninsula’s Industry Appreciation Day last week, the Kenai Peninsula Tourism and Marketing Council presented Era with the Outstanding Support Business in Tourism Award. Era’s role in the tourism industry includes flying in some ten-thousand passengers a month during fishing season.
Established more than twenty years ago, the Peninsula’s Industry Appreciation Day recognizes businesses and individuals in the oil, gas, fishing and tourism industries for their dedication to excellence and community.
The city of Soldotna will have a new Mayor sometime between now and when the state legislature gavels in on January 28th. Peter Micciche’s victory in Tuesday’s primary over Senator Tom Wagoner in District 0 will end his term as mayor.
A sixty-two year old Soldotna woman has been convicted of attempted theft in a Permanent Fund Dividend fraud case.
Sherrie Ace will be on probation for two years as part of a plea agreement she made with prosecutors. According to officials, Ace turned in false statements on her 2010 PFD application regarding her residency in Alaska and her Oregon residential fishing licenses. She was not issued the check and is banned for life from applying for or receiving a PFD check.
Court records show Ace pleaded guilty to a charge of second degree attempted theft, while another charge of unsworn falsification was dismissed by prosecutors.
Court records also show two other cases involving Ace from 2010 that have been reopened. Those charges include hindering prosecution or apprehension and license, tag or permit violations.
After a long summer of heated campaigning, two primary races ended Tuesday evening, setting the table ahead of the general election in November. In both the race for Senate District O and House District 29, the candidates for the primary were the only names on the ballot.
As summer on the Kenai slowly winds down with shorter days and cooler nights, time is running out to enjoy the outdoors without cumbersome layers of gloves, hats, coats and boots. On the Kenai, we find ourselves in a prime spot for enjoying the most delicious parts of the waning days of summer.
Assistant Secretary of the Interior Ann Castle paid a visit to the Kenai Friday morning, joining representatives from multiple state, federal and non-profit agencies to honor the Kenai River Restoration Project as part of the America’s Great Outdoors Initiative.
There a just a few days left before voters choose candidates to appear on general election ballots in November. But some races will be decided in the August 28th primary, including the race for House District 29.
Buccaneer Energy announced on Thursday finalization of the bottom-hole location for their Kenai Loop Number Four Well.
In a press release, the Company stated that the number four well will target seven potential pay sands with a bottom-hole location approximately two-thousand feet north west of the number one well. Recent 3-D seismic testing has shown that the area contains hydrocarbon indicators.
Buccaneer anticipates five to six weeks of drilling, with an additional ten days of testing before the well is brought online. No definitive spud date has been announced.
The entire Kenai Loop project is contained in just over nine-thousand acres and includes the Cannery Loop field, which has produced thirty million barrels of oil equivalent and the Kenai Unit which has produced four-hundred million barrels of oil equivalent.
Buccaneer also expects the arrival of the jack-up rig Endeavor into Cook Inlet by the end of the day Friday.
With most of the funding that came from the state this year already appropriated, the Kenai Peninsula Borough Assembly wrapped up Tuesday night’s meeting in relatively short order, but not without a presentation from Central Peninsula Hospital and some discussion about Mayor Navarre’s Task Force on the anadramous streams ordinance.
The concerns over this year’s low return of king salmon to Cook Inlet have made it to the federal level. Governor Sean Parnell sent a letter to the Commerce Department last week seeking a federal disaster declaration for Cook Inlet fisheries.
Debating and campaigning continues in the final few days before next week’s primary elections. Tuesday in Kenai, candidates for the newly-formed Senate District ‘N’ debated for an hour during a joint meeting of the Kenai and Soldotna Chambers of Commerce.
As part of the federal No Child Left Behind act passed in 2002, the progress of students in school districts across the nation is measured each year by an index called Annual Yearly Progress. The numbers for the Kenai Peninsula Borough School District were announced this week by Superintendent Dr. Steve Atwater during a district-wide inservice.
Tuesday was the annual Kenai River Kids Classic in Soldotna. After a morning of educational activities focused on safety and conservation, the kids took to the water, many for the first time, to try and reel in the big catch.
With the Primary season well underway, candidates for all offices are making the rounds, meeting with voters and community groups, selling their case. Among that group is Sharon Cissna, seven term Democratic Representative from Anchorage.