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Vol. 26, No.33 Week of August 15, 2021
Providing coverage of Alaska and northern Canada's oil and gas industry


AIX perseveres with Kenai Loop production

Small natural gas field went into production in 2012; company said in 2020 it had an estimated 5 years of remaining economic life

Kristen Nelson

Petroleum News

AIX Energy acquired the Kenai Loop natural gas field after Buccaneer Energy went bankrupt in 2014. AIX was Buccaneer’s largest secured creditor and agreed to be the stalking horse bidder in the 2014 bankruptcy sale, setting the lowest acceptable price and assuring that the field did not fall prey to....

    [additional news subjects in this story]

Drilling by Buccaneer

Current plans


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