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Gold/Mining/Energy : Alaska Natural Gas Pipeline

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From: Snowshoe1/27/2009 10:45:30 PM
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Lawyers plead case to retain North Slope leases -
POINT THOMSON: State's cancellation of Exxon's leases triggered the battle.

By WESLEY LOY, wloy@adn.com
Published: January 12th, 2009 09:47 PM
Last Modified: January 12th, 2009 10:59 AM

A team of oil company lawyers began a fervent appeal Monday to try to persuade state officials they wrongly canceled leases in a rich but long dormant North Slope oil and gas field.

Lawyers for Exxon Mobil Corp. and other major firms outlined plans for drilling in the Point Thomson field, saying they have a powerful rig the size of the Statue of Liberty ready to sink holes right away if only the state will grant the necessary permits.

more: adn.com
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