Caelus credits tax system for Alaska involvement

Jim Musselman, president and CEO of Caelus Energy, and his colleagues only decided to enter the Alaska oil industry after the passage of Senate Bill 21, the law reforming Alaska’s oil production tax system, Casey Sullivan, director of public affairs for Caelus Energy Alaska LLC, told the Resource Development Council’s annual conference on Nov. 19. And, since entering the state, the company has followed up on a commitment to move swiftly ahead with its Alaska program, Sullivan said.

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