Royalty-free terms do little to boost interest in Cook Inlet oil and gas lease sales
Mid-June comes with high temperatures in the mid-60s as we count down the final days until Summer Solstice on Thursday. Partly cloudy skies and dry weather are likely across much of Southcentral this week. More sunshine and warmer temperatures are likely this weekend.Monday’s ceremony also included the presentation of Ebony Aurora Awards to a dozen notable Black Alaskans for contributions to their community.
Alaska U.S. Senator Dan Sullivan recently voted to advance the Fiscal Year 2025 National Defense Authorization Act from committee, authorizing more than $790 million in military construction for Alaska, as well as expanding support for Alaska-based service members.Updated: 3 hours ago There has been activity at the old Northway Mall site in Northeast Anchorage, though it’s not confirmed who is moving in. Less than a year ago, the site at 3103 Penland Parkway was full of trash. Now, a majority of that trash has been cleaned up. Work trucks are parked outside and permits seem to indicate that a new tenant will be moving in imminently.
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Royalty-free terms do little to boost interest in Cook Inlet oil and gas lease salesLawmakers and oil and gas experts are once again echoing skepticism that royalty relief is not the answer to solving fears of a potential natural gas shortage in the Cook Inlet
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Royalty-free terms draw only three oil and gas lease bids in Cook InletDespite being ‘disappointed’ by the results, the Alaska Department of Natural Resources’ commissioner defends the idea of royalty reductions to encourage more inlet drilling.
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Royalty-free terms draw only 3 oil and gas lease bids in Alaska’s Cook InletDNR Commissioner John Boyle is 'disappointed' by the results but defends royalty reductions to encourage more inlet drilling.
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Royalty-free terms draw only three oil and gas lease bids in Alaska’s Cook InletDespite being ‘disappointed’ by the results, the Department of Natural Resources’ commissioner defends the idea of royalty reductions to encourage more inlet drilling.
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Cook Inlet gas producer assails royalty rates as another seeks state financingIndependents face a litany of challenges to produce gas from Cook Inlet as Southcentral Alaska faces a looming gas shortfall.
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Former adviser to Gov. Bill Walker buys Cook Inlet gas producer Furie for $15 millionJohn Hendrix was general manager of Apache Corp.’s operations in Cook Inlet prior to working in the Walker administration.
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