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Providing coverage of Alaska and northern Canada's oil and gas industry
December 2018
Vol. 23, No 49 Week of December 09, 2018

No substantial new info for AK Peninsula

Petroleum News

The Alaska Division of Oil and Gas has issued a decision of no substantial new information for the 2019 Alaska Peninsula areawide lease sale.

This sale is offered annually in the spring along with the Cook Inlet areawide sale. There are currently no active oil and gas leases in the Alaska Peninsula sale area.

The most recent best interest finding for the area was completed Dec. 1, 2014; since then, the division has made decisions of no substantial new information four times, beginning in January 2016.

Division Director Chantal Walsh said in the Nov. 28 decision that while the comments the division received do not provide substantial new information which would justify a supplement to the 2014 best interest finding, the information received will be reviewed when the division begins drafting a new best interest finding for this lease sale area.

The Cook Inlet and Alaska Peninsula areawide sales typically occur in May or June. - PETROLEUM NEWS




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