Section 11 AAC 86.575 - Production and lease extension(a) To qualify for extension of an offshore mining lease for so long as production continues, production must be achieved by the end of the lease's stated term.(b) Under the circumstances set out in AS 38.05.250(d), the lessee may apply for a short-term extension of a lease that is not yet in production.Eff. 5/30/85, Register 94Authority:AS 38.05.020
AS 38.05.205
AS 38.05.250