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Vol. 14, No. 29 Week of July 19, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Explorers trade tax credits for cash

The State of Alaska paid $193 million in cash over the past year to oil and gas explorers in exchange for tax credits they had accrued for making investments in the state, the Alaska Department of Revenue announced July 10. The payments are designed to give explorers an incentive to hunt and develop....

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Priming the pump


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