Both ConocoPhillips and Oil Search are optimistic about the potential of the Nanushuk Formation on the North Slope following the combined drilling of nine delineation wells over the winter in the Greater Willow and Pikka-Horseshoe units.
The Ravn Air Group is launching a “new” PenAir, following the acquisition of PenAir’s assets by investment affiliates of J.F. Lehman & Company for $12.3 million.
An inside look at an upcoming piece that will be published in our May 2019 issue.
The most daunting task ahead of AGDC is bringing investors on board and proving to the legislature that the pipeline is economically viable.
Many people only associate Native corporations with resource extraction projects and investments; however, most have far more diversified investment portfolios, with many teaming up with local businesses.
Greater Mooses Tooth 1 (GMT1) yielded first oil in October. Relying on new oil drilling technology, it is the most recently developed production site for ConocoPhillips on the North Slope as the company continues its methodical westward expansion into the National Petroleum Reserve-Alaska (NPR-A) along a geological formation known as the Barrow Arch.
Cautious optimism surrounds forecasts for Alaska’s economy in 2019 as many predict the state’s recession will finally bottom out—making Alaska one of the last energy-dependent states to begin recovery since oil prices tumbled about three years ago.
Three of the greatest barriers of entry for women to access healthcare in Alaska are education, time, and financial restraints—whether perceived or actual.
In October, the Yup’ik community of Newtok braced itself to lose four homes to rapid erosion as storms from the southeast removed dozens of feet of shoreline no longer protected by ice and permafrost due to climate change.
With sexual assault and child abuse cases hitting all-time highs for Alaska CARES Child Advocacy Center and Forensic Nursing Services of Providence in Anchorage, construction is rapidly moving forward on a new multidisciplinary facility in Midtown.