Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 82 - Mineral Leasing Procedure
Article 9 - Exploration Licensing
11 AAC 82.954 - Relinquishment of lands

(a) On or before the fourth anniversary of the effective date of the issuance of an oil and gas exploration license and on or before every anniversary thereafter, a licensee shall deliver to the department a description of

(b) Relinquished lands, to the extent possible, must be comprised of full sections and described by section, township, range and meridian, or by other legal subdivision.

(c) After relinquishment, retained lands must be reasonably compact and contiguous.

(d) If a licensee subject to AS 38.05.132(d)(2) fails to deliver to the department the information required in (a) of this section on or before the fourth anniversary of the effective date of the oil and gas license, and on or before each successive anniversary, the commissioner will designate the lands to be relinquished. The commissioner will notify the licensee in writing of the commissioner's decision.

(e) Relinquishment of lands under this section does not affect the work commitment on which the license was issued.