SB694 SFA Tarr #2 2-25
Senator Tarr moved to amend the bill on page 24, section 7a, line 247, by striking out the word “shallow”;
On page 28, section 7a, line 341, by striking out the word “allow” and inserting in lieu thereof the word “consider”;
On page 33, section 7a, line 468 by striking out the word “and”;
On page 33, section 7a, line 471 after the word “code” by striking out the period and inserting the word “; and";
On page 33, section 7a, after line 471 by inserting a new subparagraph, designated subparagraph (iii), to read as follows:
(iii) The highest production royalty percentage in the unit in connection with other leases in the same target formation controlled by the applicant within the horizontal well until and dated within the 24 months preceding the application date, as provided in §22C-9-7a(f)(7)(B)(ii) of this code.