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Vol. 18, No. 45 Week of November 10, 2013
Providing coverage of Alaska and northern Canada's oil and gas industry
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State OKs Placer unit expansion

Alaska official initially had denied request; unit owner ASRC Exploration must agree to drill new well, post performance bonds

Wesley Loy

For Petroleum News

Alaska Oil and Gas Director Bill Barron has conditionally approved an expansion of ASRC Exploration LLC’s Placer unit, reversing an earlier denial. Barron approved the expansion after the state’s natural resources commissioner essentially told him he had to. The Nov. 4 decision gives ASRC Exploratio....

    [additional news subjects in this story]

Oil discovery in 2004

‘A fluid process’

New drilling, bonding requirements


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