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Vol. 9, No. 6 Week of February 08, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Lease buyback bill gets Senate hearing

Alaska senators told cost of shallow gas buyback could be in the millions

Larry Persily

Petroleum News Government Affairs Editor

State senators took no action at the first committee hearing on legislation to buy back up to 23,000 acres of shallow gas state leases north of Homer on Alaska’s Kenai Peninsula. Buying back the leases could cost the state much more than the $500 each the company paid for the right to lease the acr....

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Fish and wildlife, tourism the issues

No exploration under way


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