Providing coverage of Alaska and northern Canada's oil and gas industry
October 2001

Vol. 6, No. 14 Week of October 28, 2001

North Slope, Beaufort Sea areawide lease sales bring in $12.9 million

Armstrong Resources of Denver, Shell Western Exploration and Production newest and largest bidders at two sales

Kristen Nelson

PNA Editor-in-Chief

The state’s second Beaufort Sea and fourth North Slope areawide sales drew combined high bonus bids of $12,886,355.40, with 52 percent of that amount coming from two bidders: New player Armstrong Resources LLC of Denver ($4.2 million) and returning player Shell Western Exploration and Production Inc....

    [additional news subjects in this story]

Most bids for North Slope

From Colville Delta to Foggy Island Bay

From NPR-A to ANWR

New player Armstrong Resources hires ex-Exxon geologist

Opportunity, staff, drew Armstrong to Alaska


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