Providing coverage of Alaska and northern Canada's oil and gas industryFebruary 2004
| Vol. 9, No. 8 | Week of February 22, 2004 |
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Royalty board OKs contract with Flint Hills
The Alaska Royalty Oil and Gas Development Advisory Board approved a proposed 10-year contract between the state and Flint Hills Resources for sale of Alaska royalty crude oil at a Feb. 17 meeting in Fairbanks and recommended approval of the contract by the Alaska Legislature. Flint Hills is purchasing Williams’ Alaska assets, including the North Pole refinery, subject to negotiation and approval of a royalty oil contract with the state. The sale will close upon approval of the royalty oil contract by the Alaska Legislature.
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