The Bureau of Land Management announced on Wednesday that the National Petroleum Reserve (NPR-A) oil and gas lease sale generated $18.8 million, 50% of which, $9.4 million will be turned over to the state of Alaska. A total of 92 bids were submitted. According to BLM, “The sale offered 145 tracts comprising approximately 1.4 million […]
On September 1, the Bureau of Ocean Energy Management (BOEM) announced that there would be no extension for public review of the Draft Environmental Impact Statement (DEIS) for the Cook Inlet Planning Area Lease Sale 244. This is despite numerous requests for extension they’ve received over the past several weeks, including one from Cook Inlet […]
In announcement on Friday, the Department of the Interior cited current market conditions and low industry interest as reasons for the cancellation of two potential Arctic offshore lease sales that were scheduled under the current five-year offshore oil and gas leasing program for 2012-2017. This news comes after Shell’s announcement that it would cease further exploration […]
In an announcement the Chief Executive Officer William Dean Singleton who owns the Fairbanks News Miner and the Kodiak Daily Mirror, let it be known that both newspapers are available for sale. The Singleton Family and Rich Scudder bought the Fairbanks News Miner from CW Snedden in 1992. Singleton has been retired since 2013 and his […]