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 11.83.190. Extension by commitment to an approved unit.
Latest version.
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If, on or before the expiration date of the primary term of a lease, the lease is committed to a unit agreement approved by the state, the lease will be extended for so long as it remains subject to the unit agreement.
Authorities
38.05.020