SB 21 Tax Reform Legislation Prompts ConocoPhillips – Doyon Alaska North Slope Project
 
(Does oil tax reform improve chances for an Alaska North Slope LNG Project?  Governor Sean Parnell thinks so.)

Canada Also Finds That Oil Incentives Work: Calgary Herald by Dan Healing

Rick Rogers Agrees: "No On One"

Rick Rogers, Resource Development Council for Alaska, RDC, SB 21, ACES, Proposition 1, No On One, Dave Harbour PhotoADN Op-Ed by Rick Rogers (NGP Photo).  In reading Bill Walker’s (NGP Photo-below) Bill Walker, No On One, Candidate For Governor, SB 21, ACES, Proposition 1, No On One, Dave Harbour Photorecent column on why he would be voting yes in the August primary election referendum to repeal oil tax reform, it was hard to understand how he could come to that conclusion if he stepped back and critically examined his very own statements about the ACES tax structure.

…he, in reality, made the case to keep oil tax reform intact and vote no.

(More here….)

ConocoPhillips Alaska announced yesterday that it has signed a contract with Doyon Drilling to build a new rotary drilling rig for the Kuparuk River Unit on Alaska’s North Slope. This is the first new-build rotary rig that ConocoPhillips has added to Kuparuk’s rig fleet since 2000. 

…Doyon 142 will employ about 100 people directly and support hundreds of indirect jobs. Currently, 
Aaron Schutt, Doyon Drilling, Alpine, rig, Alaska North Slope, ConocoPhillips, Dave Harbour Photo, SB 21ConocoPhillips has six development rigs working on the North Slope and one in the Beluga River Unit in Cook 
Inlet. 

“The contract for the rig is long-term and is one example of how Senate Bill 21 (MAPA, or the More Alaska 
Production Act) is making a positive impact on Alaska’s economy. This opportunity is good for Doyon, its 
shareholders and Alaska,” stated Doyon President and CEO, Aaron Schutt (NGP Photo above). 

In addition to the rigs, since the passage of SB 21 Trond-Erik Johansen, ConocoPhillips, SB 21, Alpine, Rig, Rotary, Doyon Drilling, oil tax reform, No On One, Proposition One, Photo by Dave HarbourConocoPhillips has also announced plans to pursue three 
new projects on the North Slope. …“Contracting for a new rig is another step we are taking to increase production on the North Slope,” said Trond-Erik Johansen, president of ConocoPhillips Alaska (NGP Photo). “SB 21 has improved the business climate in Alaska, and we are investing in projects that add production, increase state revenues, increase contributions to the Permanent Fund and create jobs and business opportunities for Alaskans.” 

(More here….)