S.D. Admin. R. 4:01:01:09
Current through Register Vol. 51, page 67, December 16, 2024
If the first well drilled on the land covered in one lease is dry and if the drilling of a second well is not begun within 12 months from the expiration of the last rental period for which the rental has been paid, the lease will terminate. This section will not apply if the lessee resumes payment of rentals under the conditions of the lease and these rules, on or before expiration of the 12 months period specified above.
S.D. Admin. R. 4:01:01:09
General Authority: SDCL 5-7-23, 5-7-37.
Law Implemented: SDCL 5-7-23.