State approves lease deals in April

Eric Lidji

For Petroleum News

The Alaska Department of Natural Resources approved a number of lease deals in April.

On the North Slope, Repsol E&P USA Inc. transferred a 7.5 percent working interest and 6.25 percent royalty interest in 31 North Slope leases to partner GMT Exploration Co.

William D. Armstrong requested transferred royalty interests — between 0.03119 percent and 0.0625 percent — in more than 100 North Slope and Beaufort Sea leases to Edward Y. Teng.

Richard Donnelly transferred a 0.378659 working interest and 0.33132505 royalty interest in ADL 47560 in the Point Thomson unit to the David P. Donnelly Trust and an identical working and royalty interest in the lease to the David P. Donnelly Jr. Trust.

Daniel K. Donkel and Samuel H. Cade transferred three leases to Polar Petroleum Alaska Corp. Polar Petroleum aims to explore and develop two Donkel and Cade prospects.

Nordaq Energy Inc. has transferred 1 percent royalty interests in 11 Beaufort Sea leases to four small investors for a total of 44 transfers. The offshore leases — ADL 392182 through ADL 392192 — are in Smith Bay, and FEX previously leased the acreage. The four investors are Tramlaw LKC, Tekram LLC, Hugh North and Robert Warthen.

In the Interior, Cedar Creek Oil & Gas Co. has transferred a small interest in four leases to various partners in an ongoing natural gas exploration campaign in the Nenana Basin.

The small independent transferred a 5 percent working interest and 4.35 percent royalty interest in ADL 392383, ADL 392384, ADL 392385 and ADL 392386 to Doyon Ltd. Cedar Creek retained a 0.25 percent overriding royalty interest in all four leases.

Also, Windmill Canton LLC transferred a 10 percent working interest and 8.75 percent royalty interest in the four leases to Doyon Ltd. Additionally, Cedar Creek requested to transfer a 0.25 percent royalty interest in all four leases to Windmill Canyon.

In Cook Inlet, William A. Hutto has asked to transfer small royalty interests in six leases to Kita D. Wilcher. The leases are ADL 391210, ADL 391211, ADL 2095 and ADL 733 at the North Fork unit and ADL 388209 and ADL 390514 at the Nikolaevsk unit.

—A copyrighted oil and gas lease map from Mapmakers Alaska was a research tool used in preparing this story.