A state oil and gas auction that offered royalty-free leases in the Cook Inlet basin as an incentive for new exploration drew only three bids, according to results released Wednesday by the Alaska ...
An unusual offering of royalty-free oil and gas leases in the Cook Inlet basin drew a few bids, with state officials describing the experiment as successful. Bids for six tracts were submitted in the ...
A view from Skilak Lake Road across Cook Inlet to Mount Redoubt, an active stratovolcano in the Aleutian Range. Credit: Lisa Hupp/USFWS A state oil and gas auction that offered royalty-free leases in ...
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