Alaska Economic Update"Resource development projects in Alaska, particularly on the North Slope, are generating more activity in exploration and overall investment than we have seen recently," said Langland. "We believe that these long-term initiatives have the potential to help slow the decline in energy production. While legislative initiatives to reform taxes on energy producers are also making progress, actual reforms are still uncertain. Positive movement on these tax issues is a critical element in the efforts to encourage the major oil producers to increase their investments in the North Slope oilfields."
Northrim BanCorp Profits Increased 14% To $12.9 Million, Or $1.97 Per Diluted Share, In 2012
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