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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.

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