spilt estate

Legislative
6:32 pm
Fri February 28, 2014

Split Estate Bonding Bill Is Debated In The House

The Wyoming House of Representatives began debating a bill that would increase the bonding required from oil and gas developers who need to drill on private surface land. 

The bond is used in lieu of a negotiated surface use agreement between landowners and energy companies. The agreement established payment for surface damage. Currently the bond is two thousand dollars and the bill would raise it to ten thousand dollars. 

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