No substantial new information for lease sales - January 24, 2016

Providing coverage of Alaska and northern Canada's oil and gas industryJanuary 2016

Vol. 21, No. 4

Week of January 24, 2016

No substantial new information for lease sales

The Alaska Division of Oil and Gas has issued a decision of no substantial new information for the upcoming Cook Inlet and Alaska Peninsula areawide oil and gas lease sales.

The best interest finding for the Cook Inlet areawide oil and gas lease sales was issued in 2009 and the finding for the Alaska Peninsula sales was issued in 2014.

State statute requires supplementing the most recent finding if the director of the division determines that substantial new information has become available. The Cook Inlet best interest finding was supplemented in 2010 and 2011; the Alaska Peninsula finding has not been supplemented.

A call for new information was issued Sept. 30, with the submission period ending Nov. 6.

The division said it received three timely comments and requests and one comment submitted after the deadline.

- Petroleum News

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