For oil and gas, or gas only leases, with rental increases during the primary term, an application for a rental reduction determination under the terms of a lease agreement must be received at least 90 days before the lease anniversary date where the rental rate increases above $20 per acres rental reduction determination application must be made on the form required by the department.
11 AAC 82.466
Authority:AS 38.05.020
AS 38.05.35
AS 38.05.180