NEWS BULLETIN

July 25, 2018 --- Vol. 24, No.19July 2018

DO&G to offer special lease sale areas

Information and leases - it's a combination the Alaska Division of Oil and Gas is using to target specific North Slope and Beaufort Sea areas, with the opportunity to bid on three large, continuous acreage blocks, in a sale to be held concurrently with the annual fall 2018 competitive oil and gas lease sales.

"These unique lease sale blocks are groups of North Slope and Beaufort Sea Areawide lease sale tracts that will be offered together as Special Alaska Lease Sale Areas (SALSA)," Division of Oil and Gas Director Chantal Walsh said in previewing the program on the division's website.

She said the division "has gathered and highlighted large amounts of publicly available data that bears on the SALSA areas," which are Harrison Bay on the coast west of the Colville River unit; Gwydyr Bay on the central North Slope coast, between Milne Point and Northstar north of Prudhoe Bay; and Storms, south of the Prudhoe Bay unit and immediately east of the Guitar unit.

Terms and conditions of the sale will be available in mid-August, Walsh said, when the public notice is released.

The data summary, available on the division's website, http://dog.dnr.alaska.gov/Information/DocumentLibrary, includes links to information on the areas.

- KRISTEN NELSON

See story in July 29 issue, available online Friday, July 27 at www.PetroleumNews.com

For information on PN's news bulletin service, call 907-522-9469.

PO Box 231651, Anchorage, AK 99523 - 1651


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