ON PARADE – Children dressed as their favorite animals hold a Sitka Spruce Tips 4-H Club banner as they march down Lincoln Street on Earth Day, Monday. The Parade of Species was held in recognition of Earth Day. It was hosted by Sitka Conservation Society, University of Alaska Fairbanks Cooperative Extension Service and the Sitka Sound Science Center. (Sentinel Photo by James Poulson)
By SHANNON HAUGLAND
Sentinel Staff Writer
The Assembly its regular meeting Tuesday approved dou [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
“We want to hear from the public, what they value i [ ... ]
By Sentinel Staff
Sitka schools were notified at around noon today that the city administrator had re [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
Sitka High’s track and field athletes faced off aga [ ... ]
By YERETH ROSEN
Alaska Beacon
Alaska is getting an infusion of nearly $125 million to build and [ ... ]
By JAMES BROOKS
Alaska Beacon
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By JAMES BROOKS
Alaska Beacon
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By DAVID A. LIEB
The Associated Press
A conservative quest to limit diversity, equity and inclusion in [ ... ]
By NATHANIEL HERZ
Northern Journal
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Sitka police received the following calls by 8 a.m. today:
April 23
At 3:14 a.m. a downtown bar report [ ... ]
Vaughn Blankenship
Dies at Age 91
Vaughn Blankenship, a longtime Sitka resident, died Tuesday at SEARH [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
With about a month left before the end of the regular [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
The city will hold a public meeting Wednesday for pub [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
With only days to go before the statewide Native Yout [ ... ]
By Sentinel Staff
The Daily Sitka Sentinel and KCAW-FM Raven Radio won awards Saturday at the [ ... ]
By JAMES BROOKS
Alaska Beacon
To address a surge in mental health problems among young Alaskans [ ... ]
By JAMES BROOKS
Alaska Beacon
A bill passed Thursday by the Alaska House of Representatives wou [ ... ]
City to Conduct
Relay Testing
The city electric department is conducting systemwide relay testing th [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
Another lawsuit that has implications in Southeast Al [ ... ]
By SHANNON HAUGLAND
Sentinel Staff Writer
The Assembly on Tuesday will consider final reading o [ ... ]
By GARLAND KENNEDY
Sentinel Sports Editor
Competing in their first home games of the season, Si [ ... ]
By YERETH ROSEN
Alaska Beacon
Citing what they characterized as unacceptable risks to wildlife [ ... ]
By YERETH ROSEN
Alaska Beacon
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Daily Sitka Sentinel
2 Oil Firms Try Again To Hide Deal’s Finances
ANCHORAGE (AP) — Two oil companies renewed a request for Alaska regulators to protect the financial information of Hilcorp Energy Co., in its proposed $5.6 billion purchase of BP Alaska assets in the state.
Hilcorp wants the Regulatory Commission of Alaska to shield its finances from public scrutiny during the proposed purchase, the Anchorage Daily News reported Tuesday.
The oil companies blacked out document sections related to Hilcorp’s financial fitness and access to capital in a filing with the regulatory agency Monday.
“Petitioners seek to protect and keep confidential” answers to questions about Hilcorp’s financial reserves and its ability to acquire capital, the companies wrote in a request for confidentiality.
The companies provided information related to crude oil spills since 2003, but sought to keep a wide array of other information from public view, including pipeline repairs and operational risk assessments related to the trans-Alaska pipeline.
After oil prices plunged, the commission requested additional details in April. The regulators asked whether the industry turmoil impaired Hilcorp’s ability to borrow money to finance the purchase.
The companies, which hope to complete the sale by June following regulatory approval, argue that disclosure could put Hilcorp at a competitive disadvantage.
BP in August announced plans to sell to Hilcorp operations in Alaska, including interests in Prudhoe Bay, the Point Thomson gas field and the trans-Alaska pipeline system. BP recently announced altered terms, including the allowance of slower payments, while the sale price has not changed since the proposed sale was announced.
The agency will make a future determination on the request for confidentiality, commission spokeswoman Grace Salazar said.
The Alaska Public Interest Research Group has pressed for disclosure of Hilcorp’s finances out of concern the private company may be too small to handle unexpected costs, such as a major oil spill.
“This doesn’t allow the public to engage on this in a substantive way,” said Phil Wight, who studied the deal for the consumer rights group.
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20 YEARS AGO
April 2004
Michael Stringer, environmental specialist for Sitka Tribe of Alaska and a founder of the community garden, takes the concept of Earth Week literally. This weekend he hopes others will share his appreciation for “earth” and things growing in it by joining him in preparing the community garden just behind Blatchley Middle School for another growing season.
50 YEARS AGO
April 1974
Classified ads Houses for Sale: Price dropped to $36,500 for 2-story, 4-bdrm. carpeted home on Cascade. Kitchen appliances, drapes, laundry room, carport, handy to schools.
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