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Vol. 26, No.8 Week of February 21, 2021
Providing coverage of Alaska and northern Canada's oil and gas industry


Bill introduced to allow modifying NPSL

Net profit share leases could be modified by commissioner if necessary to prolong production, economic life of fields or pools

Kristen Nelson

Petroleum News

The Alaska Senate Resources Committee began consideration on Feb. 10 of a bill from the governor which would allow the Department of Natural Resources to modify the terms of net profit share leases when necessary to increase production from otherwise uneconomic sources. A net profit share lease req....

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