Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 11. Natural Resources. |
Part 11.1. Office of the Commissioner. |
Chapter 11.83. Oil and Gas Leasing. |
Article 11.83.1. General Oil and Gas Lease Provisions. |
Section 11.83.182. Royalty bidding.
Latest version.
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If the commissioner selects a method of bidding in which the royalty share reserved to the state is the bid variable, the commissioner will set a minimum fixed cash bonus in an amount to be announced no later than the date of the notice of sale.
Authorities
38.05.020;38.05.180