In an announcement to the Australian Securities Exchange, Buccaneer said the exploration programme covered 6061 hectares, including the 3767 hectare Kenai Loop project in Alaska’s Cook Inlet.

Buccaneer said the study, which provided imaging to a depth of 20,000 feet, would allow it to further investigation of reserves in the Tyonek and Hemlock formations below the producing formations in the Kenai Loop 1 gas discovery well.

“Preliminary