Exxon settlement trustees buy Alaska forest ANCHORAGE, Alaska (Reuters) - A panel of federal and state officials bought 41,750 acres on northern Afognak Island in Alaska's Kodiak Archipelago Tuesday to protect the area from logging and help its ecosystem recover from the Exxon Valdez oil spill. The $70.5 million Afognak deal was the most expensive land acquisition made by the Exxon Valdez Trustee Council. The six-member panel administers the $900 million Exxon has pledged to pay over a decade to settle federal and state government civil claims filed against the corporation for the 1989 oil spill. See full story <http://www.infobeat.com/stories/cgi/story.cgi?id=2557287292-882>
