Kerr-McGee files for royalty reliefOklahoma-based independent rolls Tuvaaq, Kigun and Nikaitchuq leases into application; DNR official says independent hopes to lay gravel this winter; Corps permit, ConocoPhillips deal last hurdles company has to clear to start work on Nikaitchuq Kay Cashman Petroleum News
Kerr-McGee submitted its formal application to the State of Alaska on Jan. 11 for royalty modification on 14 leases in and around its proposed Nikaitchuq oil development in the shallow waters of the Beaufort Sea off Alaska’s North Slope. The Oklahoma independent asked the state to drop the royalty r....
[additional news subjects in this story]
“Clear and convincing,” says Kerr-McGee Will KMG get what it wants? How soon will KMG get a decision? Nikaitchuq holds 100-200 million BOE
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