2004-03-17                     Senate Journal                      Page 2535
SB 266                                                                                            
Message dated March 16 was read, stating the House passed and                                       
returned:                                                                                           
                                                                                                    
          SENATE BILL NO. 266 "An Act approving an                                                  
          interim classification by the commissioner of natural                                     
          resources closing certain land within the area of the                                     
          proposed Bristol Bay (Alaska Peninsula) competitive                                       
          oil and gas areawide lease sale to oil and gas                                            
          exploration licensing and shallow natural gas leasing;                                    
          and providing for an effective date."                                                     
                                                                                                    
with a letter from the Commissioner of the Department of Natural                                    
Resources and a letter of recommendation from the Speaker and the                                   
following House Letter of Intent:                                                                   
                                                                                                    
                               Letter of Intent                                                    
                             SENATE BILL NO. 266                                                   
                                                                                                    
It is the intent of the Legislature that, if the State deems that an Alaska                         
Peninsula Oil and Gas Lease Sale is in the State's best interest and a                              
sale occurs, companies only be allowed to access offshore prospects                                 
from onshore drill sites, utilizing directional drilling technology.                                
                                                                                                    
                                                                                                    
                                                                                                    
                                                                                                    

2004-03-17                     Senate Journal                      Page 2536
Senator Ben Stevens moved and asked unanimous consent that the                                      
House Letter of Intent be adopted. Without objection, the Legislative                               
Letter of Intent was adopted.                                                                       
                                                                                                    
The bill was referred to the Secretary for enrollment.