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Title 11 . Natural Resources
Chapter 83 . (No Regulations Filed)
Section 140. Extension by elimination from a unit

11 AAC 83.140. Extension by elimination from a unit

If any lease or a portion of one is eliminated from the unit plan or recovery program, or if the unit plan or recovery program is terminated, then the lease or portion of it so eliminated continues in full force and effect as may be provided in the unit or cooperative agreement, but for not less than 90 days from the date of the elimination or termination and so long thereafter as drilling or redrilling operations are being conducted on it and so long thereafter as oil or gas is produced in paying quantities.

History: Eff. 9/5/74, Register 51

Authority: AS 38.05.020

AS 38.05.145 (a)

AS 38.05.180 (d)

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Last modified 7/05/2006