Special leases mature into money makers
Net profit share leases in three Alaska North Slope oil and gas units have reached payout status; state collects $61.7M in 2013
For Petroleum News
Royalties from oil and gas produced on state leases provide one of Alaska’s largest government revenue streams.
A smaller but still substantial revenue stream comes from a handful of so-called net profit share leases.
“These leases provide, in addition to royalty revenues, a percentage of lease net....
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