Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 82 - Mineral Leasing Procedure
Article 9 - Exploration Licensing
11 AAC 82.909 - License proposal

Universal Citation: 11 AK Admin Code 82.909

Current through August 30, 2024

(a) At any time during a calendar year, the commissioner will, in the commissioner's discretion, issue a call for proposals for an oil and gas exploration license that specifies the

(1) area to be offered for licensing;

(2) minimum qualifications for a licensee, as specified under 11 AAC 82.200(a); and

(3) minimum exploration work commitment expressed in dollars.

(b) A prospective license must notify the commissioner in writing of the prospective licensee's intent to submit a proposal for an oil and gas exploration license within 30 days after the commissioner has issued a call for proposals under (a) of this section.

(c) A proposal for an oil and gas exploration license submitted by a prospective licensee must be received by the department within 60 days after the commissioner has issued a call for proposals under (a) of this section.

(d) A proposal for an oil and gas exploration license that is initiated by a prospective licensee, and that is not in response to a call for proposals by the commissioner, must be received by the department during the period beginning April 1 and ending April 30 of a calendar year.

(e) A proposal in response to a call for proposals under (a) of this section or a self-initiated proposal under (d) of this section must

(1) describe the lands proposed to be subject to licensing, and provide this information on a map at a scale of 1:250,000 or greater;

(2) state the specific work commitment expressed in dollars;

(3) propose the term of the license;

(4) describe the amount and form of security to be posted, based on the projected cost of the planned exploration work;

(5) state that the prospective licensee meets the minimum qualifications, as specified under 11 AAC 82.200;

(6) designate one person who is authorized to receive notices on behalf of an applicant; and

(7) be submitted on a form provided by the department or a verbatim copy of the department's form.

(f) The commissioner will, in the commissioner's discretion, modify any proposal and request that a prospective licensee submit a revised proposal based on the commissioner's modifications. A prospective licensee shall have 30 days to resubmit a revised proposal which must conform to (e) of this section. The commissioner will reject any proposal that the commissioner determines is not in the state's best interest.

Authority:AS 38.05.131

AS 38.05.133

Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.