NEWS BULLETIN

December 26, 2001 --- Vol. 7, No. 158December 2001

Royalty gas bids to be opened Feb. 1

The Division of Oil and Gas will hold a competitive sale of the state's Alaska North Slope royalty gas.

The division said Dec. 26 that the commissioner of the Department of Natural Resources has determined that holding a competitive sale of the state's ANS royalty gas at this time is in the best interest of the state.

While the state usually receives cash from oil and gas lessees for its royalty share, it has the option of taking its royalty in kind and selling it itself. Depending on the outcome of the competitive sale process, the division said that the state may sell some of the royalty gas that will be produced if a North Slope gas pipeline is built.

Bids will be accepted through Jan. 31 and all offers received by the deadline will be opened and announced at a public meeting Feb. 1 at 8:30 a.m. in room 240 of the Robert B. Atwood Building, 550 W. Seventh Ave., Anchorage.

Prince William Sound RCAC seats new board members

The Prince William Sound Regional Citizens' Advisory Council seated three new board members at its quarterly December board meeting in Anchorage.

Louis Beaudry of Cordova replaced Bill Lindow as the representative of the Prince William Sound Aquaculture Corp.; Carol Giliam of Anchorage replaced Cheryll Heinze as the Alaska State Chamber of Commerce representative; and Mike Williams of Valdez replaced Bill Walker as representative of the city of Valdez.

The board also elected Patience Andersen Faulkner as treasurer (Faulkner represents the Cordova District Fishermen United) and Blake Johnson as a member at large of the executive committee of Kenai (Johnson represents the Kenai Peninsula Borough).


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