State seeks reconsideration on lease decision

Posted: Wednesday, August 04, 2010

JUNEAU - The state of Alaska is seeking reconsideration of a federal court ruling that stopped companies from developing wells in the Arctic waters of the Chukchi Sea.

Last month, a judge found the federal government had failed to follow environmental law before selling drilling rights on billions of dollars in leases.

But the state contends the interests of jobs and revenue far outweigh what it considers minimal environmental risks tied to exploration.

Gov. Sean Parnell says Alaskans face "enormous consequences" if development is stalled. He says the public interest lies in preventing the job and economic losses that will be incurred if the judge's ruling stands.

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