Archer Drilling files lawsuit against Buccaneer

Buccaneer Energy-Kenai Offshore Ventures and Archer Drilling last Thursday ended their relationship for Archer to operate the $100 million Endeavour-Spirit of Independence jack-up rig. The rig has been in the Homer Harbor since arriving last August, missing a late-summer and early fall drilling window and racking up a large bill in harbor fees.

Buccaneer said it fired Archer. On Wednesday, officials with Archer visiting Homer said that’s not true — Archer terminated its contract with Buccaneer on Dec. 13.

“We actually terminated it first,” said David Walker, quality, health, safety and environment manager with Archer in Houston.

Also on Wednesday, Archer filed a $6 million lawsuit in Texas District Court, Houston, seeking payment for what it says are past-due bills for services and expenses.

Jay Morakis of JMR Worldwide, Buccaneer’s public relations office, said Buccaneer officials decided to sever ties with Archer Drilling Company on Friday, Dec. 14, after hearing the company was not paying local subcontractors for work on the rig and for “non-performance.”

Archer says all its vendor relationships are current and it is not delinquent in payments to vendors or employees, Walker said. Walker said he could not speak to any payments owed by Buccaneer to vendors or employees not affiliated with Archer.


Read the rest of the story at the Homer News

12/20/2012 - 11:40am