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Providing coverage of Alaska and northern Canada's oil and gas industry
January 2014

Vol. 19, No. 3 Week of January 19, 2014

State issues Tolsona basin license

The Alaska Department of Natural Resources issued an exploration license in December 2013 to Ahtna Inc. for the Tolsona basin, according to recently released land reports.

The five-year exploration license covers some 43,492 acres in the Glennallen area and requires Ahtna to spend at least $415,000. The license is listed as ADL 392209.

In late October 2013, a Cook Inlet Energy Inc. exploration license in the Susitna basin north of Anchorage expired as the lands were converted to 25 traditional leases.

Also in Cook Inlet, independent investors Lee Higgins and Terri L. Stull Higgins are looking to transfer a 0.25 percent royalty interest in seven leases to Shawn Batholomae.

In the Nenana basin, the department issued 21 leases to Doyon Ltd., which had previously held an exploration license in the region. In November 2013, a former partner in the exploration program, Cedar Creek Oil & Gas Co., asked to transfer a 0.25 percent overriding royalty interest in 38 leases in the basin to Windmill Canyon LLC.

On the North Slope, ConocoPhillips is seeking to transfer a 22 percent working interest and 19.25 percent royalty interest in six onshore leases to Anadarko E&P Offshore LLC.

The leases — ADL 392341, ADL 392342, ADL 392343, ADL 392348, ADL 392349 and ADL 392350 — are located along a bend in the Colville River just south of Nuiqsut.

ConocoPhillips and Anadarko have long been partners on the North Slope.

The department issued two Beaufort Sea leases to the Armstrong Oil & Gas Inc. subsidiary 70 & 148 LLC. The leases are ADL 392538 and ADL 392539.

The department approved a transfer of a 10 percent working interest and 8.75 percent royalty interest in two Devon Energy Production Co. LP leases at the Point Thomson unit to the unit operator ExxonMobil Corp. The leases are ADL 47562 and ADL 47567.

—Eric Lidji

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






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