Section 11.83.331. Unit operator.  


Latest version.
  • 	(a)  A unit operator must be qualified to hold a lease as provided in 11 AAC 82.200 - 11 AAC 82.205, and must be qualified to fulfill the duties and obligations prescribed in the unit agreement.  
    	(b)  The unit operator may be a working-interest owner in the unit area or may be a party selected by the working-interest owners.  
    	(c)  No designation or change of the unit operator becomes effective until approved by the commissioner. The commissioner will approve or disapprove a proposed change of the unit operator within 30 days after receipt of request and will explain in writing his basis for disapproval.  
    

Authorities

38.05.020;38.05.145;38.05.180

Notes


Authority
AS 38.05.020 AS 38.05.145 AS 38.05.180
History
Eff. 9/5/74, Register 51; am 7/22/79, Register 71; am 6/28/81, Register 78