Section 11.86.575. Production and lease extension.

Latest version.

	(a)  To qualify for extension of an offshore mining lease for so long as production continues, production must be achieved by the end of the lease's stated term.  
	(b)  Under the circumstances set out in AS 38.05.250(d), the lessee may apply for a short-term extension of a lease that is not yet in production.

Authorities

38.05.020;38.05.205;38.05.250

Notes

Authority
 AS 38.05.020  
AS 38.05.205  
AS 38.05.250  
History Eff. 5/30/85, Register 94

                    
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