11 Alaska Admin. Code § 83.366

Current through May 31, 2024
Section 11 AAC 83.366 - Unit operating agreement

Any revision of the unit operating agreement must be submitted to the commissioner before it takes effect. The unit agreement controls the respective rights and obligations of the unit operator, the working-interest owners, the State of Alaska, and royalty interest owners other than the State of Alaska in case of conflict between the unit agreement and the unit operating agreement. Where conflicts exist solely between working-interest owners, the unit operating agreement shall control.

11 AAC 83.366

Eff. 6/28/81, Register 78; am 8/15/82, Register 83

Authority:AS 38.05.020

AS 38.05.145

AS 38.05.180