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Petroleum industry bucks low oil prices, cost pressures, to bid heavily in state North Slope lease sale

The annual state North Slope lease sales held Nov. 19 have drawn the most industry interest in more than decade, State officials said. Bids for onshore acreage and offshore Alaska Beaufort Sea state-owned submerged lands were opened Nov. 19 after…

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Mat-Su Valley Frontiersman broke the news in on Monday, November 24, 2025.
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