Alaska LLC surrenders North Slope leases - June 25, 2017

Providing coverage of Alaska and northern Canada's oil and gas industryJune 2017

Vol. 22, No. 26

Week of June 25, 2017

Alaska LLC surrenders North Slope leases

Alaska LLC surrendered 10 leases in May, according to a corrected state lease report.

The small Fairbanks-based independent surrendered four leases - ADL 391715, ADL 391716, ADL 391717 and ADL 391740 - it held along the Canning River, in the eastern North Slope. The leases were set to expire at the end of April 2018. The company kept a contiguous lease - ADL 392099. The company also surrendered six other leases located farther to the west - ADL 391737, ADL 391738, ADL 391769, ADL 391770, ADL 391771 and ADL 391772. Those leases were also scheduled to expire in April 2018.

An earlier version of the monthly lease report, as reported in the June 18 issue of Petroleum News, accidentally provided the wrong lease numbers for the surrender.

- ERIC LIDJI

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
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