Buccaneer’s Impact Regretful But Not All Bad

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.
Endeavour Spirit of Independence jack up rig leaving Kachemak Bay (Photo by Terry Rensel, KBBI)
Buccaneer left Alaska owing a lot of people money. The company listed dozens of credit