Lowering oil prices result in Petro-Hunt relinquishing Alaska lease
Jan
8
8
While lowering gas prices are helping people out at the pumps and there is no argument that it is much easier on pocket books to heat houses, not everyone is happy about the low cost of fuel, most prominently gas companies. One of those companies, Petro-Hunt has decided to retract their lease of federal land located on Alaska’s North Slope, according to the U.S. Bureau of Land Management. more »