Competitive Framework for Alaska: 2012

Alternative Proposal for Existing Production It is now easy to add a proposal for existing production. Terms for existing production could be close to the current government take levels of ACES. It is not necessary to give up significant revenues. Existing production terms could also be based on: A flat 25% PPT 20% tax credits A severance feature starting a $ 60 with 0.2% increases per dollar increase in price up to $ 130 per barrel and from there 0.1% up to a maximum of 20%. 81

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