State denies Unocal extension on North Middle Ground Shoal workDivision of Oil and Gas refuses to extend time limit for drilling; if work not begun by end of year, lease will be terminated Kristen Nelson PNA News Editor
Unocal Alaska Resources has failed to gain state approval to delay exploratory drilling on a tract in Cook Inlet. The state has told the company that if an exploratory well isn’t drilled on the prospect by the end of the year, the lease will be terminated.
The lease is currently part of the North M....
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