Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 83 - Oil and Gas Leasing
Article 5 - Underground Storage
11 AAC 83.515 - Term of affected oil and gas leases
Universal Citation: 11 AK Admin Code 83.515
Current through August 30, 2024
Where the storage lessee also holds the right to produce oil or gas not previously produced in conjunction with stored oil or gas, any lease covering the oil or gas not previously produced shall be extended for the period of storage and so long thereafter as oil or gas is produced in paying quantities from the zones or geologic horizons used for that storage.
Authority:AS 38.05.020
AS 38.05.180(r)
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