AOGCC accepts Forcenergy royalty reduction planCompany describes work plans, policy, local hire, contracts for work at West Foreland, Redoubt Kristen Nelson PNA News Editor
At a Jan. 5 hearing, the Alaska Oil and Gas Conservation Commission accepted plans from Forcenergy Inc. which qualify the company’s developments at Redoubt and West Foreland for state royalty reduction.
The fields are eligible for the royalty reduction under legislation enacted to encourage local h....
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Five percent royalty Local hire commitments
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