Alaska regulators on Tuesday assessed a $200,000 penalty on a bankrupt company for failing to plug an exploratory natural gas well in the Matanuska-Susitna Borough that was abandoned several years
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The biggest news for Glacier Oil & Gas this year had nothing to do with the oil patch.
In early January 2023, the independent with operations on the North Slope and in Cook Inlet announced it had been purchased by Pontem Energy and Sweat Equity Partners.
The sale gave those two companies 100% worki.
Forest Oil updated analysts on its Cook Inlet, Alaska, Redoubt Shoal development as part of a third-quarter conference call Nov. 5, 2003. The company said capital expenditures for Alaska have dropped from $7 million a month in the first quarter of the year to $3 million a month in the third quarter..