11 AAC 84.700. Purpose

(a) 11 AAC 84.700 - 11 AAC 84.790 establish procedures for the disposal by competitive lease and by noncompetitive prospecting permit of geothermal resources as defined by AS 38.05.965 (24).

(b) Both a noncompetitive prospecting permit and a competitive lease for geothermal resources constitute a disposal of an interest in state land. Any disposal of geothermal resources must be preceded by a determination under AS 38.05.035 (e) that the disposal is in the best interest of the state.

(c) The provisions of 11 AAC 82.200 and 11 AAC 82.205 apply to persons who apply for, obtain, or transfer an interest in a geothermal prospecting permit or lease.

History: Eff. 9/5/74, Register 51; am 8/22/82, Register 83; am 5/8/83, Register 86

Authority: AS 38.05.020

AS 38.05.035

AS 38.05.145

AS 38.05.181

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