27-658

27-658. Notice of sale or conveyance of well or
land

A. The owner or operator of any well shall notify the commission in writing on such
form as the commission may direct of the sale, assignment, transfer or conveyance or
exchange by the owner or operator of such well and the land owned or leased upon which
the well is located within ten days following such sale, assignment, transfer, conveyance
or exchange. The notice shall contain:

1. The name and address of the person to whom such well was sold, assigned,
transferred, conveyed or exchanged.

2. The name and location of the well.

3. The date of the sale, assignment, transfer, conveyance or exchange.

B. Every person who acquires ownership or operation of any well, whether by
purchase, assignment, transfer, conveyance, exchange or otherwise, shall, within ten days
after acquiring the well, notify the commission in writing of his ownership or operation
and provide a bond as required by section 27-654. The notice shall contain:

1. The name and address of the person from whom the well was acquired.

2. The name and location of the well.

3. The date of acquisition.

4. The date when operations are assumed or resumed by the new owner.