Ark. Code § 15-72-704

Current with legislation from 2024 effective through May 3, 2024.
Section 15-72-704 - Approval of application

The application shall be approved by the Oil and Gas Commission if it determines from the application and such investigation as it may deem proper:

(1) That the location of the proposed discovery well is not within the geographical confines of a known producing oil field; and
(2) That the application has complied with the provisions of this subchapter and all rules of the commission in respect thereto.

Ark. Code § 15-72-704

Amended by Act 2019, No. 315,§ 1259, eff. 7/24/2019.
Acts 1957, No. 258, § 5; A.S.A. 1947, § 53-134.