Legislation proposed by Gov. Mike Dunleavy would allow the state to sell subsurface gas-only leases in part of Kachemak Bay so companies could drill into undersea reservoirs from miles away.
"Cosmopolitan Unit"
Blue Crest energy expands operations in Cook Inlet
A relative newcomer to Cook Inlet’s oil and gas scene is charging ahead with big development plans, which could equate to oil production at 17,000 barrels a day, and the creation of more than 400 jobs.