Cook Inlet rentals mirror North SlopeRates of $10 an acre for first 7 years go to $250 an acre in years 8 through 10, encouraging diligence in exploration, development Kristen Nelson Petroleum News
The Alaska Division of Oil and Gas said March 14 that bids will be opened for its Cook Inlet and Alaska Peninsula areawide sales on May 16 at 9 a.m. at the Dena’ina Civic and Convention Center in Anchorage.
Terms for the Cook Inlet leases will be different from previous years.
“Over the past year,....
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Incentives in Cook Inlet
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