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New gas-drilling project begins off Anchor Point

category:Clubs and Organizations website:More Info posted:February 8th, 2012
An offshore gas drilling operation will begin off Anchor Point this winter by Buccaneer Energy Limited. The plan is that offshore gas wells will be drilled and tied back to the existing onshore site, to be connected to ENSTAR’s recently completed gas transportation line. “The target is to drill an appraisal well this year, though no firm spud has been decided upon yet,” Jim Watt, President of Buccaneer Alaska, said Monday. “Production will follow after the development program is complete.”

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