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Vol. 14, No. 28 Week of July 12, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


BP in Alaska: Alaska’s 1969 windfall

Prudhoe Bay discovery attracts bidders from around world to lease sale auction

Frank Baker

For Petroleum News

The size of the Prudhoe Bay field attracted worldwide attention, and this translated into an enormous level of interest. By the time the sale rolled around on Sept. 1, 1969, the Anchorage airport was home to at least a dozen corporate aircraft and the city’s hotels were bustling. Companies went to e....


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