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Industry outlook bleak without oil tax reform

...existing fields and if discoveries are made, the expected reserve additions are modest. "We don't expect to find any Prudhoe Bays," said Bill Hardham, Alaska operations manager for Repsol. Repsol will be the most active explorer on the North...

http://peninsulaclarion.com/news/2011-11-28/industry-outlook-bleak-without-oil-t
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