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 11.83.232. Development account and production revenue account - In general.
Latest version.
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(a) Unless otherwise specified, a lessee's costs under this chapter are regarded as being incurred on an accrual basis. (b) When a lessee incurs costs under this chapter and part or all of those costs are reimbursable to the lessee from one or more third parties, only the unreimbursed portion of those costs of the lessee may be used in calculating that debit.
Authorities
38.05.020;38.05.180