Alaskan Crude pays to stay in the game
Failure to move rig to Burglin pad results in $60,000 security payment; DNR commissioner says no acceptable basis for delay
The failure of Alaskan Crude Corp. to move a drilling rig onto the Burglin well pad on Alaska’s North Slope by May 15, as required in the plan of exploration for the Arctic Fortitude unit, caused Tom Irwin, commissioner of the Alaska Department of Natural Resources, to place the unit in default in m....
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