Section 11.03.020. Procedures to be followed for dispositions.

	(a)  If the commissioner disposes of royalty oil, gas, or associated substances by competitive bid, the commissioner will follow the procedures set out in 11 AAC 03.100 - 11 AAC 03.240.  
	(b)  If the commissioner disposes of royalty oil, gas, or associated substances by a method other than by competitive bid, the commissioner will follow the procedure set out in 11 AAC 03.030 - 11 AAC 03.070.  
	(c)  For all dispositions under this chapter, except those to relieve storage or market conditions  
		(1) the commissioner will prepare written preliminary findings and determinations; and  
		(2) after a public comment period of not less than 30 days, the commissioner will prepare final findings and determinations.  
	(d)  When making public the written preliminary findings and determinations prepared under (c)(1) of this section, the commissioner will give written notice of the proposed disposal  
		(1) by publication in newspapers of statewide circulation, and by one or more of the following methods:  
			(A) publication through public service announcements on the electronic media;  
			(B) notification of parties known or likely to be affected by the action; or  
			(C) any other method calculated to reach affected persons; and  
		(2) which contains sufficient information, in commonly understood terms, to inform the public of the nature of the action and of the opportunity of the public to comment on the action.  
	(e)  When the commissioner disposes of royalty oil, gas, or associated substances to relieve storage conditions, the commissioner will provide public notice appropriate under the circumstances, but need not prepare preliminary findings. However, the commissioner will notify the Alaska Royalty Oil and Gas Development Advisory Board of the storage or market condition, and will prepare final written findings and determinations for the disposal.  

Authorities

38.05.020;38.05.183;38.06.055

Notes

Authority

AS 38.05.020 AS 38.05.183 AS 38.06.055

History

Eff. 12/20/80, Register 76; am 8/8/84, Register 91; am 9/28/85, Register 95; am 5/22/93, Register 126