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Vol. 15, No. 4 Week of January 24, 2010
Providing coverage of Alaska and northern Canada's oil and gas industry


ACES: working well but needs adjustment

Parnell says that the tax credit rules could be improved to provide further exploration and development incentives; no rate changes

Alan Bailey

Petroleum News

When on Jan. 14 Alaska Gov. Sean Parnell announced his administration’s proposals for some changes to the state’s ACES oil production tax, he said that he is conscious of industry’s need for a stable tax regime but that he has also remained open to the possibility of changes in ACES, if those change....

    [additional news subjects in this story]

Economic model

Four recommendations

No rate changes

Revisit 2007 analysis


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