One of the bidders in an oil and gas lease sale for the Arctic National Wildlife Refuge last year has cancelled the lease it bought, the U.S. Interior Department said.
ANCHORAGE, Alaska (AP) One of the bidders in an oil and gas lease sale for the Arctic National Wildlife Refuge last year has canceled the lease it bought, the U.S. Interior Department said. Regenerate Alaska, a subsidiary of Australia-based 88 Energy Ltd., was one of three entities that won leases during the sale held in the waning days of the Trump administration.