Current weather

  • Clear sky
  • 55°
    Clear sky
  • Comment

Cook Inlet lease sale draws bids on 44 tracts

Posted: May 16, 2012 - 12:56pm

ANCHORAGE — Alaska's annual Cook Inlet petroleum lease sale drew bids on 44 tracts by five bidding groups or individuals.

Hilcorp Alaska LLC, Apache Alaska Corp. and Cook Inlet Energy LLC were the busiest bidders in the sale Wednesday.

Division of Oil and Gas director Bill Barron assesses the sale as three primary players doing fill-in work around some of their existing lease.

He says they're solidifying holdings to continue exploration and development.

Preliminary figures indicate high bids totaled $6.8 million on leases both on and off shore.

  • Comment

Spotted

Please Note: You may have disabled JavaScript and/or CSS. Although this news content will be accessible, certain functionality is unavailable.

Skip to News

« back

next »

  • title http://spotted.peninsulaclarion.com/galleries/321268/ http://spotted.peninsulaclarion.com/galleries/321253/ http://spotted.peninsulaclarion.com/galleries/321248/
  • title http://spotted.peninsulaclarion.com/galleries/321243/ http://spotted.peninsulaclarion.com/galleries/321208/ http://spotted.peninsulaclarion.com/galleries/320593/
  • title http://spotted.peninsulaclarion.com/galleries/321173/ http://spotted.peninsulaclarion.com/galleries/321163/
My Gallery

CONTACT US

  • 150 Trading Bay Rd, Kenai, AK 99611
  • Switchboard: 907-283-7551
  • Circulation and Delivery: 907-283-3584
  • Newsroom Fax: 907-283-3299
  • Business Fax: 907-283-3299
  • Accounts Receivable: 907-335-1257
  • View the Staff Directory
  • or Send feedback

ADVERTISING

SUBSCRIBER SERVICES

SOCIAL NETWORKING

MORRIS ALASKA NEWS