Arkansas StatutesSubchapter 7 - Exploration§ 15-72-701 - Definitions.§ 15-72-702 - Bonus for discovery of oil pool.§ 15-72-703 - Application for permit to drill discovery well.§ 15-72-704 - Approval of application.§ 15-72-705 - Certificate of discovery of commercial pool.§ 15-72-706 - Credit against severance tax.