Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 83 - Oil and Gas Leasing
Article 2 - Net Profit Share Leasing
11 AAC 83.232 - Development account and production revenue account - In general
Universal Citation: 11 AK Admin Code 83.232
Current through February 24, 2025
(a) Unless otherwise specified, a lessee's costs under this chapter are regarded as being incurred on an accrual basis.
(b) When a lessee incurs costs under this chapter and part or all of those costs are reimbursable to the lessee from one or more third parties, only the unreimbursed portion of those costs of the lessee may be used in calculating that debit.
Authority:AS 38.05.020
AS 38.05.180
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