Caelus taking majority interest in Smith Bay tracts

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The Joint Pipeline Office said Aug. 9 that the U.S. Department of the Interior, Bureau of Land Management-Alaska and the State Pipeline Coordinator's Office, Alaska Department of Natural Resources, have signed a memorandum of understanding describing responsibilities and procedures for renewal of federal and state rights-of-way for the trans-Alaska pipeline and related facilities. JPO said that because BLM and DNR administer different segments of the same pipeline system, cooperation between the two agencies is essential to consistent and coherent trans-Alaska pipeline management. The agency said cooperation will: avoid duplication of efforts; promote open, clear and consistent communications; help assure that any renewed grant and lease and future oversight will be similar; and help assure a thorough, high quality renewal process.