08/10/11 - 4:01pm
The arrival of Escopeta Oil and Gas Spartan 151 jack-up rig in Kachemak Bay yesterday is just the beginning of the company’s development plans for Cook Inlet.
“We plan to keep it here for eight years, possibly more,” said Escopeta representative Steve Sutherlin.
Sutherland said the company has a multiwell drilling program planned for Cook Inlet.
Drilling on the first well could be under way in as little as a week, Sutherlin said.
“The rig is currently just inside the Homer Spit,” he said.