Section 11.83.366. Unit operating agreement.

Latest version.

Any revision of the unit operating agreement must be submitted to the commissioner before it takes effect. The unit agreement controls the respective rights and obligations of the unit operator, the working-interest owners, the State of Alaska, and royalty interest owners other than the State of Alaska in case of conflict between the unit agreement and the unit operating agreement. Where conflicts exist solely between working-interest owners, the unit operating agreement shall control.

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. 6/28/81, Register 78; am 8/15/82, Register 83

                    
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