Jonathan E. Iversen
Experience
Jon Iversen is an Alaska-based tax attorney who provides tax planning and tax
structuring advice and represents clients in tax audits and appeals. His practice
emphasizes state and local taxation. Prior to joining Stoel Rives, Jon served as
Director of the Tax Division of the Department of Revenue for the State of Alaska.
One of the most highly rated attorneys in the state in his field, Jon has extensive
experience counseling clients on state and local tax audits and appeals, incentives,
and financing associated with Alaska's oil and gas production tax credits. Jon also
counsels national and international companies regarding economic development
opportunities in the region, including unique issues presented by the Arctic.
Jon served as a core team member in drafting and implementing the laws and
regulations for Alaska's oil and gas production (severance) tax and property tax. Other
Partner
areas of emphasis include oil and gas exploration, development and production
matters, including royalties, leasing and unitization. Over the course of his career, Jon
Anchorage, AK
has successfully counseled clients on numerous complex tax matters and litigated and
(907) 263-8420 direct
negotiated settlements of major tax and royalty cases.
Jon also worked as an Assistant Attorney General for the State of Alaska in the Oil,
(907) 277-1920 fax
jon.iversen@stoel.com
Gas & Mining Section, an associate at Eide, Miller & Pate, P.C. and a judicial clerk for
Superior Court Judge Larry D. Card.
Education

J.D., 2002
Representative Work

Associate editor, Colorado Journal of
Counsel to Furie Operating Alaska, LLC for a $160 million financing transaction to
International Environmental Law and
fund the installation of an offshore natural gas production platform, marine
pipeline and onshore production facilities to bring natural gas to market from
Furie's Kitchen Lights Unit in the Cook Inlet.

Policy

School of Business, M.B.A., 2002
Beta Gamma Sigma (highest honors for
property taxes and royalties in connection with oil and gas exploration and
MBA programs)

University of Wyoming, B.A., 1997,
with honors
Counsel to Great Bear Petroleum Operating LLC regarding Alaska oil and gas
Phi Beta Kappa Honor Society
production taxes and property taxes in connection with oil and gas exploration
Phi Sigma Iota Foreign Language Honor
and development activities on the North Slope of Alaska, with a particular focus

University of Colorado Graduate
Counsel to Repsol E&P USA, Inc. regarding Alaska oil and gas production taxes,
development activities on the North Slope of Alaska.

University of Colorado School of Law,
on unconventional shale based oil.
Society (Spanish)
Phi Kappa Phi Honor Society
Counsel to Furie Operating Alaska, LLC regarding Alaska oil and gas production
University of Wyoming Honors Program
taxes and property taxes in connection with oil and gas exploration and
development activities in Cook Inlet.

Counsel to Furie Operating Alaska, LLC regarding oil and gas leasing and
unitization matters in Cook Inlet, including applications for and negotiations
Admissions

Alaska

Wyoming
Languages

Spanish
Jonathan E. Iversen
concerning the Kitchen Lights Unit plans of exploration and operations and extension of the unit agreement.

Regularly counsels and represents several oil and gas exploration and production companies in oil and gas production tax and
property tax matters before the Alaska Department of Revenue.

Regularly counsels and represents several oil and gas exploration and production companies in oil and gas lease and unit matt ers
involving the Alaska Department of Natural Resources.

Frequently assists both borrowers and lenders with development opportunities and complex financing transactions involving
Alaska tax credits.

Regularly counsels and represents taxpayers in Alaska corporate income tax matters.

Regularly counsels and represents mining companies in mining license tax matters before the Alaska Department of Revenue.

Regularly counsels and represents Alaska Native Corporations in regard to Alaska state and local taxes, including Alaska oil and
gas production taxes, corporate income taxes, mining license taxes, property taxes and motor fuel taxes.

Testified before the legislature on complex tax matters with an emphasis on oil and gas production and property taxes.
Professional Honors and Activities

Selected as one of "America's Leading Lawyers for Business" (Alaska) by Chambers USA (currently: Alaska Environment, Natural
Resources & Regulated Industries), 2014-2016. Praised for his "superior knowledge."

Honored as one of Alaska's Top Forty Under 40 by the Alaska Journal of Commerce, 2014.

Nominated for the State of Alaska Governor's Denali Peak Performance Award for Leadership (2011, 2008), and for Exceptional
Performance as a member of the oil and gas production tax regulations team (2010).

Received a letter of commendation from the Alaska Attorney General for achieving a favorable result in a major royalty dispute
and for his role in state superior and supreme courts in a lawsuit brought by the legislature against the governor over an
interstate gas pipeline contract (2006).
Presentations and Publications

Oil and Gas Tax Credits Panel, Meet Alaska 2016 Conference, Alaska Support Industry Alliance, Jan. 8, 2016

"Tax Credit Financings for Alaska Oil and Gas Exploration and Development," Alaska Senate Oil and Gas Tax Credit Working
Group, Oct. 2015

"Financing Oil and Gas Projects in Alaska - Exploring Options and Financing Structures," The Alaska Oil & Gas Congress: AlaskaJapan LNG Opportunity Summit, CI Energy Group, Sept. 2015

"Financing Alaska Projects and Leveraging Production Tax Credits," Energy Markets and Regulation in Alaska, Law Seminars
International, Dec. 2014

"Alaska Tax Credits Promote Financing Opportunities," Alaska Business Monthly, June 2014

"Drilling With Other People’s Money: Liens, Liens and More Liens, Everywhere and on Everything," Alaska Association of
Professional Landmen, Mar. 2014
Jonathan E. Iversen

"Surviving the Challenges of Oil and Gas Taxation in Alaska," Lorman Education Services, Jan. 2014

"Alaska Legislature Adds Mechanism to Encourage Financing Based on Oil and Gas Production Tax Credits," Rocky Mountain
Mineral Law Foundation (RMMLF) Newsletter, Volume XXX, Number 3, 2013

"Alaska Legislature Amends Oil and Gas Production Tax Regime," Rocky Mountain Mineral Law Foundation (RMMLF) Newsletter,
Volume XXX, Number 3, 2013

"Overview of Alaska Production and Property Taxes," Tax Executives Institute, Inc., Jan. 31, 2013

"An Introduction to Alaska Oil and Gas Production Tax Credits," Alaska Association of Professional Landmen, Jan. 2012

"Separating Oil from Gas for Alaska's Production Tax," Alaska Support Industry Alliance Board of Directors, Jan. 2012

"Alaska Legislature Considers Amending the Oil and Gas Production Tax," Rocky Mountain Mineral Law Foundation (RMMLF)
Newsletter, Volume XXVIII, Number 4, 2011

"An Introduction to Alaska's Property and Oil and Gas Production Taxes," Corporate Counsel Section of the Alaska Bar
Association, Sept., 2011

Jon frequently makes presentations and provides education and training on oil and gas production and property tax matters for
clients.

Jon has testified frequently before the Alaska Legislature on numerous tax and oil and gas topics.