A state corporation, the Alaska Industrial Development and Export Authority, was the main bidder on the leases. Its executive director, Alan Weitzner, in a statement, said in acquiring nine tracts, "Alaska preserves the right to responsibly develop its natural resources."
The U.S. government held its first-ever oil and gas lease sale Wednesday for Alaska's Arctic National Wildlife Refuge, an event critics labeled as a bust with major oil companies staying on the sidelines and a state corporation emerging as the main bidder.
Weak response to refuge oil lease bids hailed
Wednesday’s oil lease sale in Alaska’s Arctic National Wildlife Refuge (ANWR) proved a big fizzle – and Yukon MP Larry Bagnell is hailing what turned out to be a non-event.
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January 7, 2021
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By BECKY BOHRER
Associated Press
JUNEAU, Alaska The U.S. government held its first-ever oil and gas lease sale Wednesday for Alaska s Arctic National Wildlife Refuge, an event critics labeled as a bust with major oil companies staying on the sidelines and a state corporation emerging as the main bidder.
The sale, held as scheduled after a judge Tuesday rejected requests by Indigenous and conservation groups to halt the event, garnered bids on half the tracts that were listed as available in the refuge s coastal plain.
Jan 7, 2021
JUNEAU, Alaska (AP) The U.S. government held its first-ever oil and gas lease sale Wednesday for Alaska’s Arctic National Wildlife Refuge, an event critics labeled as a bust with major oil companies staying on the sidelines and a state corporation emerging as the main bidder.
The sale, held as scheduled after a judge Tuesday rejected requests by Indigenous and conservation groups to halt the event, garnered bids on half the 22 tracts that were listed as available in the refuge’s coastal plain. The U.S. Bureau of Land Management, which held the sale, said the bids were under review.