ALASKA STATE LEGISLATURE                                                                                  
             HOUSE SPECIAL COMMITTEE ON OIL AND GAS                                                                           
                       February 21, 2002                                                                                        
                           10:05 a.m.                                                                                           
                                                                                                                                
                                                                                                                                
COMMITTEE CALENDAR                                                                                                            
                                                                                                                                
OVERVIEW:  ALBERTA ENERGY                                                                                                       
OVERVIEW:  ANADARKO                                                                                                             
                                                                                                                                
TAPES                                                                                                                         
                                                                                                                                
02-9, SIDE(S) A & B                                                                                                             
                                                                                                                                
CALL TO ORDER                                                                                                                 
                                                                                                                                
REPRESENTATIVE  SCOTT  OGAN,  Chair,  called  the  House  Special                                                               
Committee on  Oil and Gas  meeting to order  at 10:05 a.m.   [For                                                               
minutes on HB 439, see the 11:05 a.m. minutes for this date.]                                                                   
                                                                                                                                
PRESENT                                                                                                                       
                                                                                                                                
Members present were Representatives  Ogan, Fate, Kohring, Guess,                                                               
Chenault, and Joule.                                                                                                            
                                                                                                                                
SUMMARY OF INFORMATION                                                                                                        
                                                                                                                                
KENNETH  A.  BOYD,  Lobbyist  for  AEC  Oil  &  Gas  (USA)  Inc.,                                                               
introduced Mr. James.                                                                                                           
                                                                                                                                
GUY  JAMES,  Vice  President, Northern  Exploration/AEC  [Alberta                                                               
Energy  Company]  New Ventures  Business  Unit,  AEC Oil  &  Gas,                                                               
offered a  PowerPoint presentation.  Highlights  included company                                                               
composition overall and  in Alaska, new ventures  and next growth                                                               
potential,   the   McCovey  Project,   foothills   opportunities,                                                               
comparison of Alaska's gas industry  to Alberta 50 years ago, the                                                               
need  for stable  policy and  regulations,  the RIK  (royalty-in-                                                               
kind) program, predictability of permit  process as a major need,                                                               
and access needs.  A handout was provided.                                                                                      
                                                                                                                                
MARK   HANLEY,  Public   Affairs   Manager,  Anadarko   Petroleum                                                               
Corporation,  offered  a  presentation that  included  a  company                                                               
profile,  the  working  relationship  with AEC,  the  history  of                                                               
company exploration in  the state, the Alpine  field, the hydrate                                                               
research project,  the need  for access to  land and  a pipeline,                                                               
and  the  need  for  a  reasonable  and  timely  permit  process.                                                               
Handouts were provided.                                                                                                         
                                                                                                                                
ANNOUNCEMENTS                                                                                                                 
                                                                                                                                
There were no announcements.                                                                                                    
                                                                                                                                
COMMITTEE ACTION                                                                                                              
                                                                                                                                
The committee took no action.                                                                                                   
                                                                                                                                
ADJOURNMENT                                                                                                                   
                                                                                                                                
CHAIR OGAN  recessed the meeting  of the House  Special Committee                                                               
on Oil and  Gas at approximately 11 a.m. in  order to prepare for                                                               
the hearing  on HB 439.   [For minutes on  HB 439, see  the 11:05                                                               
a.m. minutes for this date.]                                                                                                    
                                                                                                                                
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  State Capitol,  Room 3,                                                               
Juneau,  Alaska  99801  (mailing address),  (907)  465-2214,  and                                                               
after  adjournment of  the second  session  of the  Twenty-Second                                                               
Alaska  State Legislature  this  information may  be obtained  by                                                               
contacting the Legislative Reference Library at (907) 465-3808.