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alaskaman2030
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Currently, sitting on my portch. In the beginning, spent 16 years with drilling company starting out as a roughneck and rising through the positions of drilling manager, operations manager and finally Executive Vice President and CBW (Chief Bottle Washer). I have worked with a variety of... More
  • Buccaneer Energy needs to Name The Rig..... 0 comments
    Sep 9, 2011 9:18 AM | about stocks: RDS.A, APA, BP, CVX

    I got up this morning and found this nice piece in my e-mail box about Buccaneer teaming up with the Kenai Chamber as thier title sponsor for the 27th annual Beer and Wine Experience.  I thought, "how nice",  I always knew that Pirates know how to party and this looks like a great way to get to know the guys.  I even mused that I might fork out the $50 and drive down there myself.  Haven't been to Kenai in a while.

    Then I saw this year's theme is "Lumber Jack Jam", and thought "you have got to be kidding me..."  Who cares about lumber jacks when we are running out of gas.  But I digress, the next paragraph really caught my eye, "Name The Rig."

    Now with all the drama surrounding the little Spartan and its abilitities or lack of them, the idea that the Pirates would actually involve us in thier program is really pretty good.  Most companies don't want the public involved at all and here is a company willing to invite us in.  And while some might find the tickets to the event enticing, or the knowledge that you named the rig a point of pride, the real prize here is a tour of the rig.  I imagine that might mean a helicopter ride, or a trip on a boat and for that I am in.

    So what kind of name should be suggested?  In the story Curtis Burton, CPIC (Chief Pirate in Charge) suggests what he wants  “We are looking for a name that fits with our home base of Kenai, the spirit of Alaska, and represents our long term commitment to the area." Really, is that all?  So much more is represented by this rig.

    As the North Slope lit up we watched all of the attention focus up there.  The companies moved thier best people, they moved their equipment and they left us here to deplete our resources and wait for the day when we would run out. It did not seem to matter what promises were made, the idea of exploring in the Inlet simply wasn't economical.  I remember one presentation my team made to the head of exploration.  It seemed to be going really well.  We owned the leases, we had the target, we had the budget and we were really getting going.  Then he asked, "where is it?" When the answer was the Cook Inlet, he simply said "we are not looking for gas, next please."

    Scroll forward 20 years, it isn't Chevron, Shell, Exxon or BP that are bringing the giant to the Inlet, it is little Buccaneer Energy and Curtis Burton that pulled this together.  The big boys with deep pockets could have done this years ago, they didn't.  Curtis and his team did thier homework, they found the "right rig" and they put a deal together with AIDEA and the State to get things moving.

    Now if we are going to provide a name for the rig we should show the same commitment.  That name should represent the spirit of exploration.  It should represent the hope that fortunes will be found.  It should inspire us to look for more.  Best of all it should come with a really good looking arm patch.  The kind that when you are in the bar the ladies ask, "what is that?" and you can answer with pride.  

    The name should be a ralliying cry, something that really brings home the feeling of standing on the observation deck and watching the sun go down and having the pride of knowing we went 4,000 feet without moving an inch today.  It should say to the majors, we don't need you any more.

    So let's not take just any name.  Don't call it Alaska Rig 1.  Don't call it anything like the Spartan, and for goodness sake don't call it KOV whatever.  When I see that thing of beauty coming up the Inlet on the back of a Dockwise transport, and not some Chinese piece of $#%$$ I want to be able to say "here comes ....., and with it the future of the Cook Inlet!"

    Now not being a real poet, or very good with names.  None of the ones I have been called seem very appropriate.  I am going to stop here and contemplate what the name should be, then I am going to throw my hat in the ring and see what happens.

    Way to go Buccaneer, lets see what the community can up with to "Name The Rig".  All entries go to NameTheRig@BuccaneerAlaska.com.  And hopefully they will update the website with some pictures of the rig. 

    And here's an idea, if you guys need some help maybe designing the arm patch, let's hold another contest.

    Stocks: RDS.A, APA, BP, CVX
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