BlueCrest is the latest to fall victim to the now-defunct cashable credit program. It announced on August 1 that it couldn’t afford to keep drilling on the Kenai Peninsula and that it would be laying off about 150 people.
"BlueCrest"
Fracking in Alaska: Who should weigh in?
The state agency that oversees oil and gas drilling will determine whether more public input is needed when a company wants to start hydraulic fracturing in Alaska.
BlueCrest gets a break from the state on $30 million loan
After loss of tax credit payments from the state and construction delays, a Cook Inlet oil company asks for help.
Mixed feelings on a new company’s plans to drill in Cook Inlet
A Texas-based company will begin drilling for oil in Cook Inlet next year using extended-reach oil wells.