Section 11 AAC 82.912 - Request for competing proposals(a) If a proposal for an exploration license submitted under 11 AAC 82.909(a) or (d) is not rejected by the commissioner, the commissioner will issue a request for competing proposals concurrent with a public notice of intent by the commissioner to evaluate the acceptability of the proposal.(b) A prospective licensee must notify the commissioner in writing of the prospective licensee's intent to submit a proposal for an oil and gas exploration license within 30 days after the commissioner has issued a request for competing proposals under (a) of this section.(c) A competing proposal for an oil and gas exploration license submitted by a prospective licensee must conform to 11 AAC 82.909(e) and must be received by the department within 60 days after the commissioner has issued a request for competing proposals under (a) of this section.Eff. 9/22/95, Register 135Authority:AS 38.05.131
AS 38.05.133