Right on scheduleAndex to get seven year license to explore 482,942 acres in Nenana basin at a buck per acre; conversion to seven year lease triggers rent plus 12.5% royalty Steve Sutherlin PNA Managing Editor
The Department of Natural Resources gave notice Aug. 22 that it will issue an oil and gas exploration license for the Nenana basin to Andex Resources LLC of Denver and Houston. The basin is thought to hold 250 billion cubic feet to 1 trillion cubic feet of recoverable natural gas to feed the energy....
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Andex must post bond Local support strong
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