1. (a) Active competitive leasing or mineral rights sales in the immediate vicinity of the well;
2. (b) Governmental or judicial action delaying oil, gas, or geothermal development;
3. (c) Natural disasters; or
4. (d) Scarcity of materials and equipment.

“Extenuating circumstances” mean conditions, beyond the control of the owner or operator, which have prevented the owner or operator from utilizing the competitive advantage from the information obtained from a well. “Extenuating circumstances” include, but are not limited to, the following:

Note: Authority cited: Sections 3013 and 3712, Public Resources Code. Reference: Sections 3234(a) and 3752(a), Public Resources Code.

History

1. New Note filed 1-18-82; effective thirtieth day thereafter (Register 82, No. 4).