BlueCrest Energy, Inc. is a privately held venture focused on the acquisition, exploration, and development of oil and gas resources within the United States. BlueCrest is based in Fort Worth, Texas with regional offices in Houston, Texas and Anchorage, Alaska. Within the last two decades, the BlueCrest principals have been directly responsible for drilling and developing over $450 million in investments, providing additional reserves of over 250 million barrels of oil and one trillion cubic feet of natural gas.
The Company’s primary focus is the development of the Cosmopolitan oil and gas assets within Alaska's Cook Inlet basin. BlueCrest owns 100% of the Cosmopolitan project which is of one of the largest undeveloped fields in the Cook Inlet basin, located just offshore of Anchor Point. Development plans are now underway for recovering the newly-discovered gas reserves using low profile gas-only platforms. The deeper liquid oil reserves will be recovered through advanced-technology extended-reach oil wells drilled from an onshore surface location approximately three miles away from the offshore reservoirs.