ANCHORAGE – The State of Alaska Monday reached an agreement with the Point Thomson working interest owners (“WIOs”) to advance progress of the Alaska LNG Project by aligning work commitments and timelines established in a 2012 settlement agreement. The state settled a lawsuit with the WIOs in 2012 to establish specific timelines for production to […]
ANCHORAGE – The State of Alaska has approved ExxonMobil’s plan to engineer the expansion of the Point Thomson project on the North Slope, with state and company officials calling it a positive step to achieve major gas sales and increase oil production. “The Alaska LNG Project has been endorsed by the Trump Administration and the […]
Saying that the Point Thomson lawsuit he brought against the state of Alaska was initiated to stand up for Alaskans, Governor Walker said he will dismiss the litigation after filing legislation that will strengthen statutes dealing with future oil and gas settlement negotiations. The governor pointed out that previous administrations had violated the Alaska Constitution […]