First oil from Cosmopolitan

Last week a Carlile truck pulled into the Tesoro Refinery in Kenai to deliver the first barrels of oil from BlueCrest Energy’s Cosmopolitan Field in Anchor Point.

BlueCrest expects to deliver two tankers per day to the refinery.

“The continued exploration and development of both oil and natural gas in the Cook Inlet basin is important for the long-term viability of our local refinery as well as the economic well-being of the Kenai Peninsula,” said Tesoro Refinery Manager Cameron Hunt. “This delivery marks another milestone in the recent renaissance of the Cook Inlet basin, which hopefully will continue.”

Carlile Vice President of Oil and Gas Tom Hendrix said BlueCrest’s initial success could be jeopardized if Cook Inlet tax credits are changed to chase away smaller companies trying to gain a foothold in the Inlet.

“Alaska’s economic strength and growth is directly tied to a strong, vital natural resource industry, which provides jobs for a diverse workforce and a range of important business development opportunities throughout the state for companies such as Carlile,” says Hendrix.