Section 11 AAC 82.665 - Rental and royalty relief(a) Application for relief under AS 38.05.140 must comply with 11 AAC 88.105 and (1) state all the facts entitling the applicant to relief;(2) state location and status of all past and present activities on the lease;(3) include a detailed report of all production during the six months preceding the filing of the application;(4) contain a detailed statement covering the entire life of the lease showing all expenses and costs of operating the lease including all royalties and overriding royalties and all income from all produced minerals from the lease; and(5) include an agreement by the applicant to defray the cost of publishing a notice as provided in (b) of this section.(b) Upon receipt of an application complying with (a) of this section, the commissioner will cause to be published a notice of public hearing if required on the application. The notice must(1) state the time and place of hearing;(2) describe the lands involved; and(3) state the name of the applicant and the nature of the relief applied for.(c) The notice must be published at least once a week for at least two consecutive weeks in advance of the hearing date, which must be at least 15 days after the last date of publication, in at least one newspaper of general circulation in the vicinity of the principal office of the department, and must be posted at that office for the same period.(d) At the time and place specified in the published notice, the commissioner will hear evidence offered by the applicant and any other interested party.(e) The commissioner must give notice of the findings and determination to the lessee and to any other person who has filed a written request for it. The action taken is effective on the date specified in the notice.Eff. 9/5/74, Register 51; am 7/22/79, Register 71Authority:AS 38.05.020
AS 38.05.140
AS 38.05.145(a)