New Energy Company Starts Operations in Cook Inlet

Fri, December 18, 2009 
Posted in Alaska News

A new oil and gas company has begun operations in Cook Inlet. Cook Inlet Energy has acquired the assets that were abandoned by Pacific Energy Resources.  The history of the assets shows it changed hands several times, partially due to bankruptcies.  But the new owners are optimistic about the future of Cook Inlet oil and gas.

Ben Stanton, KDLL – Kenai

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Comments

  • Extremejor
    The state should have never forced the shutdown. Lost revenue, gas, goodwill and now the problems of bringing a field back on line.
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