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NEWS BULLETIN

October 29, 2002 --- Vol. 8, No. 113October 2002

Evergreen Resources starts drilling first shallow gas well in Pioneer unit

Lease sale numbers wrong

Totals for the North Slope lease sale reported in PNA's Oct. 24 news bulletin were incorrect.

The state opened bids totaling $2,830.269.60 in the Oct. 24 North Slope and Beaufort Sea areawide sales, but $215,884.80 in bids in the North Sea sale did not meet the required minimum bid. The preliminary total for the North Slope sale is $1,639,897.60.

The preliminary total for both sales is $2,614,384.80.

Final figures will be available once the state does title work and determines the exact acreage in each tract.

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