(a) Throughout the construction phase of the easement, the grantee may be required to post a bond with the Board in an amount, to be determined by the Director, sufficient to assure compliance with all terms and conditions of the easement. All bonds posted on easements may be used for payment of all monies, rentals, and royalties due to the grantor, also for costs of reclamation and for compliance with all other terms and conditions of the easement, and rules pertaining to the easement.
(b) The bond shall be in effect even if the grantee has conveyed all or part of the easement interest to an assignee, or subsequent operator until the grantee fully satisfies the easement obligations, or until the bond is replaced with a new bond posted by the assignee.
(c) Additional bonding to cover risks not anticipated at the time of the original grant may be required, at any time by the Director, provided grantor first gives grantee 30 days written notice stating the reason and amount of the bond. The bond will remain in place until the unanticipated risk is diminished.
(d) Bonds may be accepted in any of the following forms at the discretion of the Director:
(e) The Director shall prepare an informational board matter pursuant to Chapter 1.
060-3 Wyo. Code R. § 3-12