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Arizona Revised Statutes Title 27. Minerals, Oil and Gas § 27-658. Notice of sale or conveyance of well or land

Current as of January 01, 2025 | Updated by Findlaw Staff

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 § 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.

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Cite this article: FindLaw.com - Arizona Revised Statutes Title 27. Minerals, Oil and Gas § 27-658. Notice of sale or conveyance of well or land - last updated January 01, 2025 | https://codes.findlaw.com/az/title-27-minerals-oil-and-gas/az-rev-st-sect-27-658/

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