Homer Alaska - Business

Story last updated at 5:26 PM on Wednesday, March 7, 2012

Buccaneer continues its seismic studies to identify drilling sites for future wells



By Molly Dischner
Morris News Service - Alaska

Buccaneer Energy, the Australian independent working near the Kenai Wal-Mart store, is continuing its natural gas exploration and development efforts with seismic studies throughout the central Kenai Peninsula.

Weems Geophysical is overseeing Buccaneer's seismic efforts in the area. Heliportable work, which uses a helicopter to move a drill from one location to another, began last month. John Land, from Weems, said his company is still finishing the permitting process for work on the city's roads.

Buccaneer has said the seismic work should wrap up by the end of March.

The road-based work will include creating the vibrations that are used to gauge the subterreanian surfaces throughout the city.

Late last week, the city of Kenai had not yet handed over the needed permits for work to begin on roadways in town, said Kenai City Manager Rick Koch.

Koch has said previously that 48-hour notification will be a requirement of the city's permits, meaning that all residents will receive a heads up before work is done on their street.

Land said 48 hours provides the company a close enough window to know what it's doing, but also gives residents more than just one day's warning.

Buccaneer spokesman Dean Gallegos said in a statement that the seismic work will enable Buccaneer to continue drilling

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