Kenai Offshore Ventures, LLC.

• Author: Slaten, Russ
• Position: INSIDE ALASKA BUSINESS - Alaska Industrial Development and Export Authority sells its ownership stake in the drilling rig Endeavour, Spirit of Independence - Brief article

The Alaska Industrial Development and Export Authority (AIDEA) agreed to sell its ownership stake in the Endeavour, Spirit of Independence jack-up drilling rig owned by Kenai Offshore Ventures, LLC (KOV), in which AIDEA invested with partners Ezion Holdings Limited and Teras Investments Pte, Ltd., an Ezion subsidiary, to acquire and own the rig. AIDEA is the preferred owner of KOV; Ezion and Teras are the common owners.

AIDEA was approached by KOV common owners with a request to exercise their rights to purchase AIDEA's ownership stake in KOV...