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OIL & GAS

Aussies nonplussed by Alaskan changes

A DECISION by Alaska’s government to cut exploration rebates in the face of depressed oil and gas prices and a budget emergency should have little impact on Otto Energy and 88 Energy, both of which say they have no plans to scale back their efforts there just yet.

Haydn Black
Aussies nonplussed by Alaskan changes

ash rebates were funded by Alaska instead implementing future deductibility against production royalties.   However, with the collapse in oil and gas prices the state's payments slowed to a trickle,...

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