Sec. 4. Instead of a bond required by section 1 of this chapter, the commission may require a well owner or operator to provide proof of financial ability to abandon a noncommercial natural gas well. The proof must be established by a financial statement and personal guaranty.
[Pre-1995 Recodification Citation: 13-8-8-4.]
As added by P.L.1-1995, SEC.30.