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Gold/Mining/Energy : Alaska Natural Gas Pipeline

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From: Snowshoe10/4/2007 10:19:07 PM
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Independent oil, gas firm may be catalyst for Homer gas -
ARMSTRONG: Enstar sees Denver-based venture as likely to be first producer.

KAY CASHMAN and ALAN BAILEY, Petroleum News
Published: October 4, 2007
Last Modified: October 4, 2007 at 03:41 AM

The odds of extending the natural gas pipeline system on Alaska's Kenai Peninsula from its terminus at Happy Valley to Homer got a whole lot better when Armstrong Oil and Gas returned to the state earlier in September. The independent oil and gas company, which is operating in Southcentral Alaska as Armstrong Cook Inlet LLC, is running the 640-acre North Fork gas unit and acquired both the unit's leases and nearly 18,000 acres of surrounding and nearby leases onshore the southern Kenai Peninsula.

Curtis Thayer, director of corporate and external affairs for Enstar Natural Gas Co., said that his company sees the Denver-based independent as the most likely candidate to be the first producer to offer gas for sale from the southern Kenai Peninsula. This would motivate Enstar to build 4- to 6-inch transmission lines connecting the existing Cook Inlet basin gas grid to the southern peninsula, he said.

Full story: adn.com
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