Best Interest Findings

Best Interest Findings

Before the Division of Oil and Gas sells, leases, or otherwise disposes of state land, resources, property, or interests in them, Alaska statutes require that the Division's director first determine in a written finding that such action is in the state's best interests. In the written finding, known as a "best interest finding," the director considers and discusses certain topics required by law, such as the reasonably foreseeable effects of the disposal on the area's fish and wildlife, historic and cultural resources, and communities. The director also considers comments received during the public comment period and applicable laws and regulations. The director takes a hard look at the relevant facts and issues known at the time and uses a reasoned approach to balance the potential positive and negative effects of the disposal given the mitigation measures and other protections in effect. The director then makes a finding of whether or not, on balance, the lease, sale, or disposal is or is not in the state's best interest.

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The following findings and supplements have been recently issued: