DOI Approves Contentious Alaskan Drilling Lease Sale

Law360, New York (October 3, 2011, 10:52 PM EDT) -- The U.S. Department of the Interior on Monday affirmed the sale of 487 oil drilling leases off the Alaska Outer Continental Shelf, which had been issued in 2008 but were delayed when environmental groups brought the matter to court.

Though the DOI's Bureau of Ocean Energy Management, Regulation and Enforcement's final approval of the sale does not give oil companies the go-ahead to begin drilling operations, its approval is the latest step toward the exploration of oil and gas resources in the area, which spans 2.8...
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