State pushing oil companies to move on Cook Inlet development

State officials met Thursday with representatives from oil and gas companies that own offshore leases in Cook Inlet to see if they can spark development on some of them. The leases are set to default at the end of the year. But the state is offering to let the companies keep them, as long as they form an agreement to bring a drilling rig up to Alaska. The head of one of the companies says the state’s timeline is unreasonable.

Casey Kelly, KBBI – Homer

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