Buccaneer Energy

Jackup Rig Travels To Kachemak Bay

Mar 4, 2016
Image Courtesy of the City of Homer

The city of Homer is expecting a drill rig with the exploration company Furie to pull into the port Saturday. The city will host the rig after another company that parked a jackup rig in Homer went bankrupt and demanded contractors that serviced the rig pay them back. 

Buccaneer's Impact Not All Bad

Jan 27, 2016
Photo by Terry Rensel/KBBI

The City of Homer and local businesses were shocked last summer when the trustee of a bankrupt oil and gas exploration company’s assets demanded they give back money they were paid over a year ago. There are a lot of regrets over contracting with Buccaneer Energy. But a city official says he would do it again.

BlueCrest Still Working Toward Cosmopolitan Project

Dec 11, 2015
Image Courtesy of BlueCrest Energy

BlueCrest Energy representatives updated Kenai Peninsula residents this week on their plans to drill for oil in Cook Inlet. Around 25 people attended a meeting Tuesday evening at Homer Middle School. The company also held meetings in Anchor Point and Ninilchik.