Thursday Feb 20
Alaska Journal of Commerce
Buccaneer hits dry hole at West Eagle gas prospect
Buccaneer Energy hit a dry hole at its West Eagle gas prospect east of Homer, the company announced Feb. 17. The rig is still at the site to safely plug and abandon the well and will be moved from the location when that is completed, most likely within two weeks, Buccaneer spokesman Richard Loomis said.
Buccaneer site comes up empty
The drill project, which the Australia-based oil and gas producer initially called a promising prospect, reached 3,700 feet before the company ceased operations.
Buccaneer drops units
A local affiliate of the Australian independent is no longer asking state officials to extend drilling deadlines at the Southern Cross and North West Cook Inlet units.