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Miller makes bid for Buccaneer as gas dispute continues

...Buccaneer, CIRI, the Mental Health Trust Land Office and the state Department of Natural Resources, which manages oil and gas leases on state land, negotiated for most of the year to reach a settlement outside of the commission until recently...
Buccaneer bankruptcy leaves millions in unpaid bills

...Natural Resources spokeswoman Elizabeth Bluemink said the money is actually owed to DNR for a combination of Cook Inlet oil and gas lease payments and production royalty payments. Once paid it would almost immediately be transferred to the treasury...
Cook Inlet oil production up 25 percent

...of 10 percent to the normal 12.5 percent on the two platforms. The full royalty is 12.5 percent on most state oil and gas leases.The combination of increased production and higher royalties being paid have increased Alaska's royalty collections...
Olson: Work in Juneau has state moving forward

...legislation was supported by unions and municipalities statewide.My HB 198 had an immediate positive effect on oil and gas leases across the state. It required producers to develop leases and not warehouse them. My bills are not necessarily...
State announces oil and gas lease sale

The Alaska Department of Natural Resources Division of Oil and Gas announced its annual Cook Inlet oil and gas lease sales will be held at 9 a.m. on May 7 in Anchorage.The state has about 4 million acres with in the Cook Inlet area divided...
State LNG take could be $3 billion

...state taking on some of the costs of the project by becoming a partner and by modifying the present terms of the oil and gas leases that give the state the ability to switch between taking of royalty from royalty in-kind to in-value at six months...
Decision could set in motion Augustine Island geothermal energy

...the island's tracts for lease at the next state sale, usually held in the spring that also includes Cook Inlet oil and gas leases. DOG Deputy Director Jonne Slemons said geothermal isn't a particular emphasis of the department; rather officials...
Obama: Nation stronger, GOP should back his plans

...create three institutes on his own.- Creation of an "energy security trust" that would use revenue from federal oil and gas leases to support development of clean energy technologies such as biofuels and natural gas- Doubling of renewable energy...
Endeavour gets shipping certificate; spill plan delayed

...that will allow it to move soon to the Cosmopolitan oil and gas lease site off Anchor Point. The city of Homer has set...move from Homer and begin work at the Cosmopolitan oil and gas lease site off Anchor Point. The Endeavour still needs...
Parnell lauds local effort

...R-Soldotna, allows the Department of Natural Resources to grant one-time extensions to the primary term of certain oil and gas leases. One-time lease extensions could be granted for up to five years in addition to the primary terms of the lease...


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