Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 83 - Oil and Gas Leasing
Article 2 - Net Profit Share Leasing
11 AAC 83.204 - Net profit share rate
Universal Citation: 11 AK Admin Code 83.204
Current through February 24, 2025
The net profit share rate is the fixed percentage share of the net profit payment account, defined in 11 AAC 83.214, payable to the state. The net profit share rate is determined through competitive bidding or by the commissioner as a condition of sale.
Authority:AS 38.05.020
AS 38.05.180
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