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With more than $70 million invested and an expected gross value from oil production of $1.3 billion, lender Alaska Industrial Development and Export Authority is putting the assets of the North Slope Mustang oil field up for sale through a competitive bid process. AIDEA passed a resolution Aug. 12,. ....
Winter Wonderlands: The 5 Best Places in the US to Celebrate the Cold We’re getting close to the end of winter snowy and white, bright and festive, full of wonderful reasons to get outside, on snowshoes and skis and snowboards, amidst the snap of a cold, sunny day. But for some? They don’t love it so much. Because winter also means slippery roads and difficult commutes, and too much shoveling out the driveway. But the cold months, long as they can be in some parts of the country, reward those who embrace the weather. And with travel to tropical locales still a little uncertain, now’s the time to get away on a late-winter trip to a town that absolutely celebrates the season. Here are some of the best places in the United States to do just that, where the snow (and the cold) are very good things. ....
Providing coverage of Alaska and northern Canada s oil and gas industry Finnex deal falls apart, North Slope Mustang oil field in AIDEAs hands Kay Cashman Petroleum News The Finnex LLC deal to purchase the assets of the Mustang oil field, which lies between the Kuparuk River and Colville River units on the North Slope, appears to have fallen through, putting the Southern Miluveach unit in the hands of AIDEA-owned Mustang Holding LLC, per a Dec. 4 decision by Alaskas Division of Oil and Gas. AIDEA, the Alaska Industrial Development and Export Authority, is the primary lender for the Mustang oil field. ....