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NEWS BULLETIN

June 23, 2003 --- Vol. 9, No. 62June 2003

Talisman closes Alaska farm-in deal with Total

Cook Inlet Region Inc. has closed its resources department, PNA sources said Jan. 5. Seven of the department?s 10 employees have been let go, including Jerry Booth, Al Hastings, Tom Crafford and Mike Franger. Three employees have been transferred to other positions within the Native regional corporation. Booth, vice president, resources, has been retained as a consultant.

The department, formed a year and a half ago when CIRI's energy and minerals department merged with its land department, is responsible for land management and marketing the company?s petroleum, mineral and coal resources.

CIRI?s legal and real estate groups and lease administration will take over the duties of the resources department, sources say.

Denver independent files for Susitna exploration license

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