$10.9M from State North Slope Lease Sale
The annual sale saw competition for Shell’s recently relinquished offshore tracts plus the first bid on a North Slope Foothills tract in a decade.
The annual sale saw competition for Shell’s recently relinquished offshore tracts plus the first bid on a North Slope Foothills tract in a decade.
Longtime Palmer-area farming family Bruce and Vickie Bush selected as the 2024 Farm Family of the Year in recognition of years of service.
Area-wide lease sales for the North Slope and Cook Inlet brought an estimated $8 million to the State of Alaska, an increase over last year but not the major bump that new Inlet royalty terms were supposed to stimulate.
The Alaska Department of Natural Resources is partnering with the UAA College of Engineering on a Global Navigation Satellite Systems reference station to enhance services statewide, such as mapping and the guidance of connected vehicles.
The state recently updated regulations that open the door for industrial hemp production in Alaska and create a state-directed “endorsement” program through which industrial hemp products can be made and sold in Alaska.
Alaska’s 2023 Farm Family of the Year title goes to Marja Smets and Bo Varsano of Petersburg, who own and operate Farragut Farm.
Federal and state agencies are embarking on a three-year process to identify Aquaculture Opportunity Areas where Alaska waters would be opened to new permits for farming marine resources.
For the second year in a row, the Alaska Department of Natural Resources’ “Golden Carrot” award for promoting locally grown products goes to The Roaming Root Cellar.
The only bidder in the December 30 Cook Inlet lease sales was Hilcorp, buying leases on six state tracts and one in federal waters.
A special agricultural land auction near Nenana is the first phase of the state’s attempt to bring more farming to the 140,000-acre Nenana-Totchaket area.