HB 81-OIL/GAS LEASE:DNR MODIFY NET PROFIT SHARE                                                                     
                                                                                                                                
1:54:41 PM                                                                                                                    
                                                                                                                                
CHAIR PATKOTAK announced  that the final order  of business would                                                               
be  HOUSE BILL  NO. 81  "An Act  authorizing the  commissioner of                                                               
natural resources to modify a net profit share lease."                                                                          
                                                                                                                                
1:55:25 PM                                                                                                                    
                                                                                                                                
JHONNY  MEZA, Commercial  Section  Manager, Division  of Oil  and                                                               
Gas, Department of Natural Resources,  provided information on HB                                                               
81.   He noted  the questions posed  by committee  members during                                                               
the  March 5,  2021,  meeting  and said  that  the Department  of                                                               
Natural Resources (DNR) has provided answers.                                                                                   
                                                                                                                                
CHAIR  PATKOTAK  advised  the  committee  members  that  DNR  had                                                               
emailed the answers to their offices.                                                                                           
                                                                                                                                
1:57:22 PM                                                                                                                    
                                                                                                                                
CHAIR  PATKOTAK  opened  public  testimony   on  HB  81.    After                                                               
ascertaining  that no  one wished  to testify,  he closed  public                                                               
testimony.                                                                                                                      
                                                                                                                                
CHAIR PATKOTAK announced that HB 81 was held over.