HOUSE SPECIAL COMMITTEE ON OIL AND GAS                                  
                  February 11, 1997                                            
                     10:05 a.m.                                                
                                                                               
                                                                               
COMMITTEE CALENDAR                                                             
                                                                               
ADMINISTRATION & PRODUCER'S REPORT ON PROGRESS OF MEMORANDUMS OF               
UNDERSTANDING RELATING TO THE PROPOSED ALASKA NORTH SLOPE GAS                  
PROJECT.                                                                       
                                                                               
TAPE(S)                                                                        
                                                                               
97-5, SIDE(S) A & B                                                            
                                                                               
CALL TO ORDER                                                                  
                                                                               
Representative Hodgins, Chairman, convened the House Special                   
Committee on Oil and Gas meeting at 10:05 a.m.                                 
                                                                               
PRESENT                                                                        
                                                                               
Committee members present at the call to order were Representatives            
Hodgins, Kemplen, Bunde and Ogan.                                              
                                                                               
SUMMARY OF INFORMATION                                                         
                                                                               
WAYNE LEWIS, Vice President, Yukon Pacific Corporation, informed               
the committee that they are ready to sign the memorandum of                    
understanding and answered questions on the progressive steps of               
the project.                                                                   
                                                                               
DAVID LAWRENCE, Manager, Gas Commercialization and Marketing, ARCO             
Alaska Incorporated, expressed ARCO's continued support for the                
memorandum of understanding and answered questions on the                      
progressive steps of the project.                                              
                                                                               
MARK BENDERSKY, Commercial Manager of Gas, British Petroleum                   
Exploration (Alaska) Incorporated, indicated that the company is in            
the process of deciding on whether to support the memorandum of                
understanding and answered questions on the progressive steps of               
the project.                                                                   
                                                                               
BEVERLY MENTZER, Business Development Manager, Natural Gas                     
Department, Exxon Company USA, stated that Exxon would be willing              
to sign the memorandum of understanding if in included a specific              
statement and answered questions on the progressive steps of the               
project.                                                                       
                                                                               
COMMITTEE ACTION                                                               
                                                                               
The committee took no action.                                                  
                                                                               
ADJOURNMENT                                                                    
                                                                               
The meeting was adjourned at 11:07 a.m.                                        
                                                                               
NOTE:                                                                          
                                                                               
The meeting was recorded and handwritten log notes were taken.  A              
copy of the tape(s) and log notes may be obtained by contacting the            
House Records Office at 130 Seward Street, Suite 211, Juneau,                  
Alaska 99801-1182, (907) 465-2214, and after adjournment of the                
second session of the Twentieth Alaska State Legislature, in the               
Legislative Reference Library.