Page 44 - Brooks Range News Today

Alaska development bank forecloses on oil field assets after $70 million investment Published January 21 Share on Facebook Print article Leaders of the state development bank now must decide what to do with a failed North Slope oil project in which they have invested $70 million. The Alaska Industrial Development and Export Authority took control of the Mustang project in December following years of fits and starts by former operator Brooks Range Petroleum Corp. that ultimately led the st...

Advertisement Trilogy Metals Inc. has announced that the Alaska Industrial Development and Export Authority (AIDEA) has signed agreements for right-of-ways for the Ambler Road Project with the US Bureau of Land Management (BLM) and the National Park Service (NPS). The agreements grant a 50-year right-of-way on federally owned and managed land by the federal agencies for the future development of the Ambler Mining District Industrial Access Road. On 23 July 2020, the BLM issued the joint record ...

The World Through a Lens Finding a Foothold for Nordic Skiing in Rural Alaska The harsh wind-hammered tundra sometimes complicates the prospect, as do the polar bears. But the children are enthusiastic pupils. Leo Anders, a volunteer ski coach, leads children up a gravel pile that serves as a ski hill in the Koyukon Athabascan village of Nulato.Credit... Jan. 18, 2021 It was minus 40 degrees Fahrenheit, and a lot of the children were wearing jeans. They forgot to bring snow pants again. But the...

Outgoing administration’s last-minute changes to wildlife protections draw criticism Douglas Main © Photograph by Kiliii Yuyan, National Geographic A view of the central Brooks Range, Alaska, near the Arctic National Wildlife Refuge. On January 6, the Trump Administration sold leases to drill for oil in this pristine wilderness area. Over the past four years, wildlife and environmental protections in the United States have been under attack. President Donald Trump’s admini...

An article in the Feb. 2, 2020, edition of Petroleum News, reported that the new Umiat unit not only contained the shallow Umiat oil field, but possibly a deeper oil target in the northern of its two leases. Discovered in 1945, Umiat was never produced because its reservoir was shallow, partially f...

Providing coverage of Alaska and northern Canadas oil and gas industry 88 Energy buys Umiat oil fields’ 2 tracts Ahead of this winter’s Project Peregrine drilling at Merlin and Harrier firm buys NPR-A unit directly to south in bargain deal Kay Cashman Petroleum News 88 Energy said Jan. 11 that on Jan. 8 its wholly owned subsidiary Emerald House acquired the Umiat oil field in the National Petroleum Reserve-Alaska from Malamute Energy and Renaissance Umiat. The purchase price was a 4% overridi...

New year brings giant storms, big waves and chilly winds January 15th |   Alaska went big on New Years. First, on New Years Eve 2020, a superstorm spun its way through the North Pacific Ocean and into the Aleutian Islands. The twirling mass of gases surrounding Earth was more than 5,000 miles wide, its boundaries stretching from northern Japan to middle Alaska. Thats about 10 times the width of a typical hurricane in the Gulf of Mexico. The Alaska storm that covered a good portion of the ...

Share This By feeding arctic ground squirrels special diets, researchers have found that omega-3 fatty acids, common in flax seed and fish oil, help keep the animals warmer in deep hibernation. By feeding arctic ground squirrels special diets, researchers have found that omega-3 fatty acids, common in flax seed and fish oil, help keep the animals warmer in deep hibernation. A University of Alaska Fairbanks-led study fed ground squirrels either a diet high in omega-3s or a normal laboratory diet...

Trumps environmental swan song sheds light on climate future CNN 1/14/2021 By Derek Van Dam, CNN Meteorologist © Bill Weir/CNN Tens of thousands of caribou cross these lands each year in the Arctic National Wildlife Refuge. An auction to lease the drilling rights along Alaskas pristine Arctic National Wildlife Refuge (ANWR) attracted only three bidders, one of which was the state of Alaska. Popular Searches Half of the available leases attracted no bids at all, leaving a sm...

Alaska Industrial Development and Export Authority Receives Final Federal Authorizations for the Ambler Road Project News provided by Share this article   Trilogy Metals Inc. ( TSX/NYSE American: TMQ) ("Trilogy" or the "Company") is pleased to announce that the Alaska Industrial Development and Export Authority ("AIDEA") has signed agreements for Right-of-Ways for the Ambler Road Project with the United States Bureau of Land Management ("BLM") and the National Park Service ("NPS").  The agree...