FOOD LINE – A long line of cars on Lincoln Street, which at times stretched to the Harbor Drive intersection, wait to pick up free boxes of food on the SJ campus this morning. Sitka Conservation Society and Sysco Corporation administered the USDA Farmers to Families Food Box program today, handing out 12,000 pounds of fresh produce, precooked meats and other items. So many people turned out for the distribution that supplies ran out about an hour before the advertised end. Organizer Chandler O’Connell with SCS said that next week’s distribution will be at a different time and location in order to avoid traffic congestion. Information on time and location will be posted on the Sitka Mutual Aid Facebook page. (Sentinel Photo by James Poulson)

BP Renegotiates Sale Of Its Assets in Alaska

By BECKY BOHRER
 
The Associated Press

JUNEAU (AP) — BP said it has renegotiated financial terms with Hilcorp for the sale of its business assets in Alaska, a move BP said reflects the current low oil-price environment.

BP in August announced the proposed $5.6 billion sale of assets and operations in Alaska, including interests in Prudhoe Bay, the Point Thomson gas field and the trans-Alaska pipeline system. In a release late Sunday, BP said the sale consideration remains $5.6 billion but changes were made to the agreement’s structure.

The revised agreement was “structured with flexibility to phase and manage payments to accommodate current and potential future volatility in oil prices,” according to a release from BP.

BP Alaska President Janet Weiss in a statement called these challenging times. North Slope oil prices have been below $30 a barrel since mid-March and were closer to $10 a barrel last week. 

Alyeska Pipeline Service Co., which operates the trans-Alaska pipeline, said Friday it asked North Slope producers to deliver 90% of what they had been delivering. Michelle Egan, an Alyeska spokeswoman, called it a planned, managed approach to address anticipated high inventory.

Weiss said BP will continue working with regulators to answer their questions and show BP is committed to completing the sale.

Jason Rebrook, president of Hilcorp Energy Co., in a statement Monday said Hilcorp is proud of the work it’s done in Alaska and plans to be “an important part of the Alaska economy and community for many years to come.”

Larry Persily, a former federal coordinator for Alaska natural gas projects, said he wasn’t surprised by news of the renegotiated terms. BP has been ready to move on, he said.

“Hilcorp was the best prospect, maybe the only serious, legit prospect,” Persily said. “Hilcorp wanted it so it was just a matter of coming to new terms.”

BP said the proposed sale is part of the company’s plan to divest $15 billion in assets by the middle of 2021. The company said that, subject to regulatory approvals, the parties expect the deal to close in June.

Weiss said if necessary due to the timing of approvals, the deal could be completed in parts, starting in June.

 

August 5, 2020

A Note To Our Readers

Reopening: Phase One:

 

On March 30 the Daily Sitka Sentinel began taking precautions against the coronavirus, which was starting to show up in Alaska.

We closed our building to the public and four key employees started working remotely. Home delivery was suspended to protect our carriers from exposure to the virus.

Four months later, the virus is still with us and the precautions remain in effect.

In appreciation for the willingness of our subscribers to pick up their daily paper at drop-off sites, the Sentinel was free to all readers, and subscriptions were extended without charge.

As of August 1 the Sentinel is once again charging for subscriptions, but the present method of having subscribers pick up their papers at designated sites will continue.

The expiration date of all subscriptions has been extended without charge for an additional four months.

We thank our readers for their support in these uncertain times, and especially those who paid for the paper despite the free offer.

We look forward to the time when we can safely resume home delivery.

To check on the expiration of your subscription or to make a payment please call 747-3219. The subscription email address is This email address is being protected from spambots. You need JavaScript enabled to view it. . We also will be mailing out reminder cards.

The single copy price is again 75 cents. The news racks do not require coins to open, but we ask that the 75 cents for a non-subscription single copy sale be paid with coins in the slot.

– The Sitka Sentinel Staff

 

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Alaska COVID-19
At a Glance

(updated 10-27-20)

By Sentinel Staff

The state Department of Health and Social Services has posted the following update on the number of confirmed COVID-19 cases in Alaska as of 10:45 a.m. Tuesday.

New cases as of Monday: 378

Total statewide – 13,742

Total (cumulative) deaths – 70

Active cases in Sitka – 13 (10 resident; 3 non-resident) *

Recovered cases in Sitka – 62 (49 resident; 13 non-resident) *

The state says the cumulative number of cases hospitalized is 400.

To visit the Alaska DHSS Corona Response dashboard website click here.

* These numbers reflect State of Alaska data. Local cases may not immediately appear on DHSS site, or are reported on patient’s town of residence rather than Sitka’s statistics. 

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20 YEARS AGO
October 2000

Photo caption: Alaska Native Sisterhood Camp 4 cookbook committee members Helena Wolff, Marta Ryman, Jean Frank and Margaret Gross-Hope stand behind a shipment of cookbooks, “Best Ever Recipes.” Proceeds from sales will go to the ANS and ANB scholarship funds.


50 YEARS AGO
October 1970

Alaska Day weather was cold – in the 30s and 40s – but spirits were high. ... At the Baranof Ball Mr. and Mrs. Pete Karras won first prize in Native costumes. Period costume winners  were Mr. and Mrs.  Bob Marlow, Suzie French and Mr. and Mrs. Kurt Korthals. Jim Johnson, Alaska Airlines, presented the trip prize to Mr. and Mrs. Lewie Rucka.

 

 

 

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