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Eye on Wall Street: Staying the course during October swings

Anchorage entrepreneurs share advice for new businesses

United Way initiative aims to develop young philanthropists

Stocks plunge again, extending losses; bond prices soar

Planning for business transitions should start early

What happens when small business owners are ready to retire or sell their business? A panel of banking and business experts tried to help answer that question during an Oct. 2 seminar in Anchorage organized by KeyBank.

New Chukchi analysis still on track

The U.S. Bureau of Ocean Energy Management is moving step-by-step through a revised environmental analysis of Chukchi Sea offshore oil and gas development and expects to remain in schedule for a draft supplemental environmental impact statement, or SEIS, to be complete by late October.
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Q&A: More details on Slope leases, prospects

Tim Bradner: The 3-D seismic Great Bear has done across its leases provides a detailed picture of faults in the shale. But why is this important? Great Bear Petroleum CEO Ed Duncan: The fault patterns are important for the development of source rock plays for two reasons. First, the presence and nature of natural fractures provide additional petroleum ‘storage’ volume and pathways to facilitate liquid flow. We know from our whole core analyses that the Shublik Formation is naturally fractured, carbonate rich with some zones of higher silica content and has very little clay. All of that is extraordinarily good news given that the Shublik is also a world-class oil prone source rock.

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Great Bear Petroleum gets back to drilling

The great bear is back, or at least back drilling. Great Bear Petroleum never really left Alaska, of course, but the company did seem to go into deep hibernation after its initial winter drilling season in 2012.

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Federal judge orders EPA to halt pending Pebble action

The Environmental Protection Agency’s proposal to block Pebble mine is on hold after a Nov. 24 federal court ruling. U.S. Alaska District Court Judge H. Russel Holland ordered a preliminary injunction be put in place on the EPA’s Clean Water Act Section 404(c) process in the Bristol Bay region.

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