Buccaneer’s JV Gives Alaska-Focused Company Money To Move Ahead

摘要

Buccaneer Energy’s joint venture with EOS Petro Inc., announced Aug. 22, gives the Alaska-focused Buccaneer a true financing partner willing to pour in up to $200 million in the Cook Inlet. The agreement farms out Alaskan projects between Buccaneer, based in Australia, and EOS. EOS in turn will foot the bill on the first two wells drilled in several areas.