Reprinted from Petroleum News
Fowler Oil & Gas plans horizontal drilling and patented separation technology to avoid environmental problems
It’s been three years since an attempt to develop coalbed methane resources in Alaska’s Matanuska-Susitna Borough collapsed amid an acrimonious argument involving the would-be developer, the local residents, the borough and the state. But a new company, Fowler Oil & Gas Corp., believes that it has the answer to developing coalbed methane without the concerns about land access and possible pollution that plagued the previous effort.
Fowler Oil and Gas CEO Bob Fowler, a graduate of Palmer High School and longtime Alaskan, told Petroleum News May 2 that he fully understands the concerns of the residents of the Matanuska and Susitna valleys.
“Our family has been in the Valley for over 50 years and so I’m very familiar with the issues up in the Valley and how people would like to see economic development but also coupled with environmental protection,” Fowler said.
Fowler Oil & Gas is a publicly traded company founded in 2005 to pursue oil and gas opportunities in Alaska. Sister company, Native American Energy Group, is engaged in the development of oil and other minerals in Montana. Fowler Oil & Gas shares technical staff, including geologists and operations managers, with Native American Energy Group.
On private land
Fowler Oil & Gas is pursuing 11 separate coalbed methane sites, all on private land, in Southcentral Alaska, Fowler said.
“We’re working with private landowners who own their own mineral rights.”