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Vol. 7, No. 23 Week of June 09, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Bidding to win

Phillips and Anadarko take most tracts at NPR-A lease sale; TotalFinaElf spends most, bidding $53 million for 20 tracts, 17 west of exploration

Kristen Nelson

PNA Editor-in-Chief

Existing players in the National Petroleum Reserve-Alaska took the largest number of tracts at the Bureau of Land Management’s June 3 lease sale, but a company new to the NPR-A, TotalFinaElf E&P USA, dominated the dollar side of the sale, accounting for more than 83 percent of the apparent high bids....

    [additional news subjects in this story]

No bids from BP, Chevron

Middle of area attracts bidders

Different than 1999

Eleven tracts at a million plus

TotalFinaElf: major player around world

Fifth-largest oil producer

Little American production

Number six in chemicals

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