Update on Skiatook Lake Projects and Request for Support in Subordination Legislation

The letter provides an update on the Skiatook Lake projects, specifically regarding the mineral rights subordination issue. The participants made progress in their negotiations, but did not reach conclusive understanding on the remaining bargaining values. The government made a $4 million proposal, but the Corps of Engineers will not continue to bid against itself. The governments offer only pertains to settlement costs for the tribe and not the independent operators and lessees in the area. The letter urges support for the introduction and passage of subordination legislation. A decision on continuing construction at Skiatook will be postponed until after a meeting on June 11. The letter also mentions that negotiations concerning Candy Lake alternatives should not be part of the Skiatook mineral rights settlement.