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Vol. 14, No. 9 Week of March 01, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry

ExxonMobil relinquishes expansion leases

Palin notes ongoing progress in DNR’s move to resolve legal issues at Point Thomson; Exxon says a positive step toward settlement

Kristen Nelson

Petroleum News

Alaska Gov. Sarah Palin said Feb. 19 that ExxonMobil has surrendered eight leases in the Point Thomson area, some 17 percent of the leases in the former unit area. The governor cited the surrender of the leases as part of the ongoing progress the Department of Natural Resources is making in its goa....

    [additional news subjects in this story]

Five leases remain

Expansion on margins


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