BlueCrest keeps pilot light on for shifting gas project
BlueCrest Energy plans to drill for oil in Cook Inlet’s Cosmopolitan oil fields from the shore just north of Anchor Point. But, there is also a chance the company will place a rig in the water to drill for natural gas. Market speculation and debate over the state’s tax credits is making BlueCrest hesitate.
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BlueCrest is accepting the risks of drilling for oil but they won’t move on gas until they have more information. Larry Burgess, the Health and Safety Env
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