OTHERPENDING

UA Negotiates New Hilcorp Subsurface Lease in Kenai

The University of Alaska Land Management office is negotiating terms of a new subsurface oil and gas lease with Hilcorp for parcels in the Kenai Peninsula, while also pursuing an appeal over reduced Ninilchik Falls Creek Participating Area boundaries that impact potential royalties. Final lease terms and regulatory decisions remain pending.

Status
PENDING
Document date
May 21, 2025
Contract type
OTHER
Vendor
HILCORP
Agency
University Of Alaska System Of Higher Education · AK

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Scope & details

The full contract record, as filed.

Contract type
OTHER
Document type
Agenda
Source document
board_of_regents_facilities_and_land_management_co.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by University Of Alaska System Of Higher Education?

HILCORP was awarded this government contract by University Of Alaska System Of Higher Education, as recorded on May 21, 2025.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in board_of_regents_facilities_and_land_management_co.pdf (Agenda), dated May 21, 2025 from University Of Alaska System Of Higher Education. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does HILCORP hold?

HILCORP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is University Of Alaska System Of Higher Education currently buying?

Explore University Of Alaska System Of Higher Education's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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