The annual rental shall be set by the board of natural resources, but for years one through five the annual rental shall be not less than $1.00 per acre or $250 whichever is greater, and for years six through 10, shall be not less than $2.00 per acre or $500 whichever is greater. Production facilities, except for transmission infrastructure, shall be a separate lease, subject to commercial lease procedures. Lessee shall obtain all necessary permits for exploration or development purposes.

[Statutory Authority: RCW 79.13.590 and 2003 c 334 s 465 through 2024 c 350 s 2. WSR 25-05-093, s 332-22-200, filed 2/19/25, effective 3/22/25. Statutory Authority: Chapter 79.12 RCW, as amended by ESB [EHB] 1277 and RCW 79.01.242. WSR 92-06-003, § 332-22-200, filed 2/20/92, effective 3/22/92.]