Current through November 28, 2024
Section 11 AAC 86.580 - Suspension(a) An application for a suspension of operations and production under a lease must comply with 11 AAC 88.105 and must contain complete information showing the necessity or justification for the suspension.(b) No lease expires because production or operations leading to production are suspended by order of or with the assent of the department. When a suspension is removed, the lessee will have a reasonable time, which will not be less than six months, to resume operations or production.Eff. 5/30/85, Register 94Authority:AS 38.05.020
AS 38.05.035
AS 38.05.250