| NAL Reports Strong 2007 Performance and Reserves Additions
NAL continued to build tax pool balances in 2007, finishing the year with a total of $697.8 million, up 41 percent from $494.0 million at year end 2006. Tax pools are forecast to grow while NAL remains a trust, allowing it to shelter a portion of its future income from taxation after 2010.
2007 RESERVES ADDED / FINDING AND DEVELOPMENT COSTS
- NAL improved its reserves added performance significantly during 2007. Year end proved plus probable reserves increased 17.2 percent from 58.2 million boe at year end 2006 to 68.2 million boe at the end of 2007 due to the Seneca acquisition and performance of our core areas. Overall, the Trust replaced 234 percent of its production. Excluding acquisitions, the replacement of production through discoveries, extensions, infill drilling, well recompletions and technical revisions increased from 25 percent in 2006 to 96 percent in 2007.
Storm damage clean up at Red Cedar cut-off
In 2007, West Wisconsin Land Trust (WWLT) purchased the Red Cedar Cut-Off property with the assistance of the greater Dunn County conservation community as well as other partner organizations and funding sources.While the property is open to the general public for fishing, hunting, hiking, birding and other light recreational uses, WWLT advises public users to be aware of ongoing timber management operations throughout the months of March and April.WWLT is planning to conduct storm damage clean-up operations on the Cut-Off property beginning in March 2008. During two severe storms last August, high winds inflicted significant damage to the forest by uprooting trees and snapping off tree crowns. Much of the forest was left in a condition that impaired the public from accessing portions of the property.The timber salvage operations will remove storm-damaged trees as well as diseased and decaying trees.The harvest will accelerate succession of the forest and push the forest condition towards a mixed-aged character, leaving large-diameter trees to act as a seed source for newly released hardwood seedlings.
Ethanol Processing Facility Utilizes Ronningen-Petter™ Self Cleaning ...
A large, Midwestern ethanol plant, having recently expanded, was faced with increasing operating costs due to the rising price of caustic (CIP) fluid. After an expansion the customer wanted to add an automatic filter to his CIP loop and remove any debris left in the tanks. This expansion added more fermentation capacity, but with the additional volume came the need for more frequent -- and more efficient -- CIP cleanings. (PRWEB) July 13, 2006 -- A large, Midwestern ethanol plant, having recently expanded, was faced with increasing operating costs due to the rising price of caustic (CIP) fluid. The facility utilizes a series of tanks filled with corn mash, enzymes and water. This mixture is heated and allowed to ferment -- with each tank being in a different stage of fermentation.
State recommends Alcoa mine bond release
Officials with the Indiana Department of Natural Resources' Division of Reclamation are recommending that the state return to Alcoa some of the bond money on the Squaw Creek Mine where the company disposed of industrial wastes for more than 10 years. The public has until Feb. 19 to file written petitions for a review of the recommendation. Final approval of the $720,006 bond release will be made by Tim Taylor, the division's assistant director. Bond money is held until state officials determine companies have adequately reclaimed mined land. In making its recommendation, officials said that the waste disposal did not take place when the area was under federal Surface Mining Control and Reclamation Act regulation and that any pollution at the site did not fall under those rules, which covers only the handling of coal wastes and preventing pollution that directly results from coal mining.
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