BP-Hilcorp Sale FAQ
This FAQ page is designed to provide information related to the BP-Hilcorp sale announced in August 2019. As additional information becomes available, it will be added to this site.
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11/12/2019 Letter to Legislators
As DNR has continued its due diligence of the sale, we have discovered errors contained in this document. We respectfully refer you to see the details of the sale contained in the Slides presented by DNR in the 12/16/2019 Joint Resources Committee Hearing which has corrected those errors. We sincerely apologize for the inconvenience.
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Email Correction to DNR’s Nov 12th Letter
As DNR has continued its due diligence of the sale, we have discovered errors contained in this document. We respectfully refer you to see the details of the sale contained in the Slides presented by DNR in the 12/16/2019 Joint Resources Committee Hearing which has corrected those errors. We sincerely apologize for the inconvenience.
- Slides presented by DNR in the 12/16/2019 Joint Resources Committee Hearing
- 12/16/2019 Joint Resources Committee Meeting
- 12/20/2019 Regulatory Commission of Alaska Response to Comments
- 02/26/2020 Joint Resource Committee Hearing
- 03/02/2020 AOGCC Letter on Bonding
- 03/11/2020 DNR Primer on Financial Assurances and DR&R
- 03/18/2020 Agenda for the Governor’s Oversight Committee on the BP-Hilcorp Transaction
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BP-Hilcorp Committee’s 3/18/20 meeting open to public by teleconference only.
NOTE: In keeping with recent public health directives to limit public gatherings, the March 18, 2020 meeting of the Governor’s Oversight Committee on the BP-Hilcorp Transaction will be available for members of the public to observe only by teleconference, and not in person. To listen via teleconference, call (800) 315-6338, and at the prompt, enter the code 98426-#.
- 03/18/2020 GOC Meeting Slides
- 03/26/2020 DEC FAQs
- 06/19/2020 GOC Meeting Slides
- 06/29/2020 Press Release: State agencies approve transfer of BP’s upstream assets to Hilcorp
- 07/31/2020 Agency Responses to Legislative Budget and Audit Committee.
- 09/21/2020 Midstream Transfer of Interest and Release of Guaranty.