Royalty board to meet on crude contracts - August 14, 2016

Providing coverage of Alaska and northern Canada's oil and gas industryAugust 2016

Vol 21, No. 33

Week of August 14, 2016

Royalty board to meet on crude contracts

The Alaska Royalty Oil and Gas Development Advisory Board will hold a public meeting Aug. 31 at 10 a.m. to consider a proposal from the commissioner of the Department of Natural Resources to sell royalty oil to Petro Star Inc.

See information on the state’s public notices website, https://aws.state.ak.us/OnlinePublicNotices/default.aspx.

There are two separate contracts, one for a single year and another for four years. The board will determine whether the proposed royalty oil sale meets statutory and regulatory criteria and will prepare its recommendation to the Legislature on the four-year contract at the hearing.

The meeting will be in suite 1100, 550 W. 7th Avenue, Anchorage.

Public comments will be taken at the hearing or may be submitted in writing. Written comments are due by 4:30 p.m. Aug. 29 and should be sent to the attention of Alex Nouvakhov, Division of Oil & Gas, 550 W. 7th Ave., Ste. 1100, Anchorage, AK 99510-3560.

- Petroleum News

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.