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Vol. 7, No. 6 Week of February 10, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Exploration incentive credits bill moves in House; Myers says needs some work

HB 307 adds three years to existing program, would allow Andex Resources to apply for work it plans in Nenana basin where it has applied for an exploration license

Kristen Nelson

PNA Editor-in-Chief

Two financial incentives the state has used to encourage exploration — exploration incentive credits and discovery royalties — are being discussed in the Legislature this year as Andex Resources LLC looks for ways to reduce its exploration risk in the Nenana Basin. (See related story about Andex and....

Extension the issue

Value to state?

Credit just like cash

DNR pans discovery royalty

Division opposes discovery royalty

Andex doesn’t agree


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