Acquisition and development of the Kitchen Lights Unit
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1999 |
Escopeta Oil Co., LLC, the legal predecessor of Furie Operating Alaska, LLC, acquires its first oil and gas leases (mineral extraction rights) in a bid held by the State of Alaska for acreage in the Cook Inlet. These leases later become part of the Kitchen Lights Unit. |
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2001 - 2009 |
Escopeta Oil Co. LLC acquires additional oil and gas leases (including leases from other independent oil and gas companies). |
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2007 |
The State of Alaska authorises Escopeta Oil Co. LLC to consolidate all oil and gas leases, forming the Kitchen Unit exploration production area. |
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2009 |
Escopeta Oil Co. LLC is granted approval to expand the Kitchen Unit, incorporating two other exploration units, to become the Kitchen Lights Unit, now the largest exploration and production area in the Cook Inlet, encompassing 337 km2. |
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2010 |
Cornucopia Oil & Gas Company, LLC (formerly Escopeta Oil of Alaska, LLC) acquires the majority of the oil and gas lease interests in the Kitchen Lights Unit.
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Formation of the Deutsche Oel & Gas Group
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2011 |
Cornucopia Oil & Gas Company, LLC acquires Escopeta Oil Co. LLC (subsequently renamed Furie Operating Alaska, LLC). |
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2012 |
Deutsche Oel & Gas AG acquires the shares of Cornucopia Oil & Gas Company, LLC. |
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2014 |
Deutsche Oel & Gas S.A., Luxembourg, is founded as an additional management holding company and acquires all the shares of Deutsche Oel & Gas AG by a contribution-in-kind.
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Start of natural gas production
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2015 |
Natural gas production in the Kitchen Lights Unit commences in November 2015. |
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2016 |
Gas supply agreement signed with ENSTAR Natural Gas Company. Introduction of the new, more powerful Randolph Yost jack-up drilling platform for further development of the Kitchen Lights Unit. |
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2017 |
Gas supply agreement signed with Chugach Electric Association. |
