Friday, August 3, 2007

U.S. MMS seeks lease sale in Alaska's Chukchi Sea

(Reuters) - The proposed sale area sprawls over 29 million acres
located between 25 and 200 miles from the northern and
northwest coastline of Alaska, the MMS said.




The ice-choked Chukchi is believed to hold 15 billion
barrels of oil and 76 trillion cubic feet of natural gas,
according to Interior Department estimates.


Read more at Reuters.com Bonds News

No comments: