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ASRC Gets Option To Buy Into Offshore Chukchi Drilling Operations

Arctic Slope Regional Corporation and a handful of North Slope village corporations now have the option to buy into offshore drilling operations in the Chukchi Sea. It’s part of a new agreement with Shell Oil. But with the future of that company’s Arctic operations up in the air, the deal raises more questions than answers.

For more about the agreement between Shell and the North Slope corporations, we have APRN’s Liz Ruskin, who was at the Anchorage press conferences announcing the deal today.

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