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NORTH AMERICA

Alaska drilling delayed

ALASKA pulling the rug out from under industry’s feet has proved calamitous for Otto Energy with drilling now delayed by a year, but hope springs eternal with Oil Search’s move into the North Slope buoying confidence.

Anthony Barich
Alaska drilling delayed

It all started earlier this year when Alaska's government stopped paying the oil-tax credit cash to explorers amid depressed oil and gas prices.   Texas-headquartered BlueCrest Energy blamed Alaska's...

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