0:16

Jeff Landfield

29:41 - 29:57

"Hex Hendrix has been getting 75% royalty reductions. I mean, these people have been around for a long time, and they're getting loans from ADA, and they're asking for loans, and they're asking the state for $100 million. Neither one have a rig. Hillcorp has demonstrated they've spent $1.5 billion in the inlet. They've spent billions on the North Slope."

Hex Hendrix has been getting 75% royalty reductions. I mean, these people have been around for a long time, and they're getting loans from ADA, and they're asking for loans, and they're asking the state for $100 million. Neither one have a rig. Hillcorp has demonstrated they've spent $1.5 billion in the inlet. They've spent billions on the North Slope.
Speaker
Jeff Landfield
Community
Alaska News

From the transcript

Hex Hendrix has been getting 75% royalty reductions. I mean, these people have been around for a long time, and they're getting loans from ADA, and they're asking for loans, and they're asking the state for $100 million. Neither one have a rig. Hillcorp has demonstrated they've spent $1.5 billion in the inlet. They've spent billions on the North Slope.

Related Coverage

Alaska Senate majority asks regulators to reconsider Enstar gas storage denial

At a press availability Monday, Alaska Senate majority members said they are sending a letter asking the Regulatory Commission of Alaska to reconsider its denial of Enstar's Kenai gas storage petition. They also called on the governor to get BlueCrest's undeveloped Cosmopolitan lease into production.

Walter AlaskaNewsby Walter AlaskaNews1h ago3 min readAI
Cook Inlet, Alaska
Cover image for article: Alaska Senate majority asks regulators to reconsider Enstar gas storage denial