DNR issues information call for inlet and foothills sales

Petroleum News Alaska Staff

The Alaska Department of Natural Resources, Division of Oil and Gas, is requesting new information for its proposed 2003 Cook Inlet and North Slope Foothills areawide oil and gas lease sales.

This request is for any substantial new information that has become available since the most recent findings for the sale area. Final best interest findings were issued in 1999 for Cook Inlet and in 2001 for the Foothills.

The comment period ends Nov. 25.

The best interest findings are available on the division’s web site: http://www.dog.dnr.state.ak.us.

The sales are tentatively scheduled for May 7.

The May 2002 Foothills areawide sale brought in $10,266,086.40 for 197 tracts, 1,119,360 acres, from Petro-Canada (Alaska) Inc. ($8,526,681.60); Anadarko Petroleum Corp. & EnCana Oil & Gas ($1,575,302.40); Anadarko Petroleum Corp. ($128,332.80); and Unocal ($35,769.60).

The May 2002 Cook Inlet sale brought in $581,939.46 for 21 tracts, 82,560 acres, from nine individuals, companies and bidding groups.