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Vol. 13, No. 9 Week of March 02, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry


Foothills pulls $359,424

Alaska areawide Foothills lease sale draws two bidders; Alaska Peninsula zero

Kristen Nelson & Eric Lidji

Petroleum News

The Alaska Division of Oil and Gas received no bids at the Alaska Peninsula areawide sale and 12 bids on 12 tracts in the North Slope Foothills areawide sale, for a total of $359,424. The two sales were held in Anchorage on Feb. 27. The bidders in the Foothills sale were Union Energy (Alaska) LLC, w....

    [additional news subjects in this story]

Both bidders at $5.20 an acre

Not a lot of bids expected


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