Nels Anderson Jr. I want to help you understand how bad the state is at managing  your lands, no one is interested in the last lease sale with such bad policies and low oil prices!  I feel HB 247 will kill Alaska's oil Industry faster!

50% royalty is not the answer, my goodness Alaska is 2 1/2 times the size of Texas and no one is bidding in your DNR DOG state oil lease sales with their recent increase of 1,000 to 8,000% rental increase! 

Make Alaska more attractive and less!

I would say lower the minimum bid and royalty and start bidding lower. Some business is better than none for Alaska's income needs! 

I guess you did not go to the Department of Natural Resources Division of Oil & Gas May 2016 lease sale for the Cook Inlet, or the Beaufort Sea oil and Gas Lease sale in Nov. 2015 when they tried increasing the lease sale contract terms!

Lower the harsh terms, no one bid when rentals up to 8,000% increase, no one bid on the hundreds of tracts offered on millions of acres, fact!