Bids Top £900 Million for Alaskan Oil Leases
Alaska’s North Slope lease sale drew bids totaling about 900.2 million dollars led by Getty and Hunt with Amerada Hess and others. The auction yielded top per acre prices near 1965 dollars, funded by cash and future payments, with 20 percent due at signing and royalties to the state while lawmakers debated uses for the windfall.
MENTIONED IN THIS ARTICLE
Anchorage
Alaska
North Slope
Keith Miller
J. Paul Getty
H. L. Hunt
Arctic Ocean
U.S
New York
Chicago
San Francisco
Prudhoe Bay
Fairbanks
Getty and Hunt
Amerada-Hess Oil Co
Louisiana Land and Exploration Co
Marathon Oil Co
Getty
London
Hunt
Dallas
Municipal Auditorium
Miller
Alaska Oil Boom Promises Self Help Across State
Anchorage AP reports a $900 million North Slope oil and gas lease sale opens a path for Alaska to self develop. Gov. Miller warns funds must be legislatively appropriated as new plans emerge to use bond proceeds and lease revenue for long term growth.
MENTIONED IN THIS ARTICLE
Anchorage
Alaska
Keith Miller
Miller
Legislative Council
Brookings Institute
Indicted Guard Unit Commander Sold City Vehicles
Luther D. Melton, former National Guard unit commander, was indicted by a federal grand jury on stealing eight government vehicles and selling them to Portsmouth, including a jeep and a missile trailer. The city bought them for 6632 dollars after requisition from the Navy for National Guard use.
MENTIONED IN THIS ARTICLE
Portsmouth
National Guard
U.S. District Court
Luther D. Melton
Jack T. Dulaney
Aubrey P. Johnson Jr
Dulaney
Navy
Bomb Disposal Team Arrives to Clear WWII Ordnance
Warrant Officer C J Mc Kiernan of the Royal Army Ordnance Corps arrives in the British Solomons to remove American bombs at Hell's Point near Honiara. He will work two years on this site and two additional wartime dumps within a 270 acre safety reserve fenced since 1945.
MENTIONED IN THIS ARTICLE
Honiara
C.J. McKiernan
Royal Army Ordinance Corps
Hell’s Point
Also Mentioned on This Page
State Natural Resources
Tom Kelly
U.S. Treasury
Edward Hart
Lisa
Fort Devens
Ayer
Mass
Hart
Burlington
Calgary
Edmonton
Hamilton Bros. Oil Co
Ashland Oil
Cities Service
Continental Oil
Highland Resources
Home Oil
Signal Oil
Sun Oil
Union Carbide
131St Eng. Co
Vermont National Guard
Vietnam
Melton
National_Guard
Datsun
Radio
Winchester
Tonneau Cover
Workingman’s Store
Sand Booys
Fiaa N. Loudoun ST
Heidelberg Light
Heidelberg
Walt
Lees
Carling Brewing Company
Cleveland, O
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