Explorers 2011: State adds 200,000 acres to fall sales - November 20, 2011

Providing coverage of Alaska and northern Canada's oil and gas industryNovember 2011

Vol. 16, No. 47

Week of November 20, 2011

Explorers 2011: State adds 200,000 acres to fall sales

The Alaska Department of Natural Resources said Oct. 25 that it has added a significant amount of previously leased acreage to the state’s North Slope areawide oil and gas lease sale in December.

An increased 200,000 acres will be available for lease in the vicinity of Point Thomson and in the Beaufort Sea due to lease expirations and other administrative actions.

“We expect interest in these areas and hope that exploration will soon follow,” Bill Barron, director of DNR’s Division of Oil and Gas, said in a statement.

Thirty tracts are being added in the Point Thomson area, eight tracts formerly part of the Point Thomson unit and 22 tracts previously deferred due to their proximity to the unit, a combined 72,000 acres.

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