Supreme Court reverses ruling on Alaskan Crude Moose Point lease
The Alaska Supreme Court has upheld an order by the Alaska Department of Natural Resources terminating a lease held on the northwest coast of the Kenai Peninsula by Alaskan Crude Corp., owned by Jim White, a veteran wildcat driller. The court decision overturns an earlier Alaska Superior Court rulin....
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Acquired in 2003
Unstable gas market
Appeal against DNR terms
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