NEWS FLASH: Paid under protest, Arctic Fortitude back in good standing

Alaskan Crude officials walked into the Division of Oil and Gas on Monday, July 2, and paid the $60,000 “under protest,” division unit section manager Nan Thompson told Petroleum News. “They also made the work commitment,” she said, referring to a written statement the agency Alaskan Crude had to provide, assuring the State of Alaska that it intended to complete all of its work obligations under Arctic Fortitude’s unit plan of exploration, which Alaskan Crude had initially agreed to do.

As per the adjacent article, the North Slope unit would have terminated at 5:01 p.m. on July 2 (the first business day after Sunday, July 1) if Alaskan Crude had not made the payment and provided a written statement of its intentions to carry through with its commitment.

—Kay Cashman