Controversial oil lease sale in Alaska wildlife refuge draws limited interest

By: Yereth Rosen

Outlets: Alaska Beacon

Published: June 5, 2026

Words: 1,395

Last Updated: 2 days, 17 hours ago


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A controversial oil and gas lease sale in the Arctic National Wildlife Refuge drew one big bid Friday from an independent Anchorage-based natural gas producer, along with a smattering of other bids from a state economic development agency.

HEX Energy LLC, which produces natural gas in Cook Inlet but has never operated on the North Slope, bid $1.7 million for a single lease bordering state territory on the western edge of the refuge’s coastal plain.

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