Dunleavy empanels group to monitor BP-Hilcorp transaction
Gov. Mike Dunleavy has assembled an oversight panel for the multi-billion-dollar BP-Hilcorp sale, which the companies hope to have finalized by the second quarter of next year.
In a memo to several commissioners, Dunleavy wrote:
“Understanding the review is underway, effective immediately, I hereby establish the Governor’s Oversight Committee on the BP-Hilcorp Transaction to ensure the Transaction receives a fair and thorough vetting, and to inform the Governor’s Office and public of the Transaction proceedings.”
The committee features eight cabinet-level members including:
- Natural Resources Commissioner Corri Feige
- Environmental Conservation Commissioner Jason Brune
- Fish & Game Commissioner Doug Vincent-Lang
- Labor Commissioner Tamika Ledbetter
- Commerce Commissioner Julie Anderson
- Acting Revenue Commissioner Mike Barnhill
- Attorney General Kevin Clarkson
- Sr. Policy Advisor Brett Huber
Each commissioner can designate another member of their department to the committee, according to a news release. Feige, or someone of her choosing, will serve as the committee chair.
Dunleavy has charged the group with several tasks like advising the governor on “whether statutory and regulatory requirements are satisfied.”
According to a press release more details on who serves on the committee will be disclosed “in the near future.”
In August, BP sold its North Slope assets to Hilcorp for $5.6 billion.
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