Buccaneer gets ready to develop new gas in Inlet
Buccaneer Energy has formed a project team to plan development of a natural gas discovery at the Cosmopolitan offshore Cook Inlet prospect, company CEO Curtis Burton said in a teleconference with investors Sept. 10. “Cosmo has turned out to be substantially nicer than we had ever hoped for,” when the asset was acquired from Pioneer Natural Resources, Burton said. The plan is to work toward development of a gas discovery in the upper reservoir sections of the field and to…