What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
(-23) privacy data omitted aircraft was at cruise attitude when the master caution light illuminated indicating that the oil pressure was dropping on the #2 engine. Pilot executed an emergency shut down and contacted center for an emergency landing at the Fairbanks Alaska airport approximately 120 miles out. The aircraft landed at 3 am on April 1st 2005 without incident at the Fairbanks International Airport. The aircraft was taxied to frontier flying service where the aircraft was inspected and found to have a leaking oil cooler on the #2 engine. The aircraft was repaired and returned to service.
As the FAA filed it
(-23) ^PRIVACY DATA OMITTED^ AIRCRAFT WAS AT CRUISE ATTITUDE WHEN THE MASTER CAUTION LIGHT ILLUMINATED INDICATING THAT THE OIL PRESSURE WAS DROPPING ON THE #2 ENGINE. PILOT EXECUTED AN EMERGENCY SHUT DOWN AND CONTACTED CENTER FOR AN EMERGENCY LANDING AT THE FAIRBANKS ALASKA AIRPORT APPROXIMATELY 120 MILES OUT. THE AIRCRAFT LANDED AT 3 AM ON APRIL 1ST 2005 WITHOUT INCIDENT AT THE FAIRBANKS INTERNATIONAL AIRPORT. THE AIRCRAFT WAS TAXIED TO FRONTIER FLYING SERVICE WHERE THE AIRCRAFT WAS INSPECTED AND FOUND TO HAVE A LEAKING OIL COOLER ON THE #2 ENGINE. THE AIRCRAFT WAS REPAIRED AND RETURNED TO SERVICE.