California Code of Regulations
Title 14 - Natural Resources
Division 2 - Department of Conservation
Chapter 4 - Development, Regulation, and Conservation of Oil and Gas Resources
Subchapter 3 - Unit Operations
Article 5 - Petitions
Section 1857 - Determination of Inability to Meet Financial Obligations
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
A petition requesting the Supervisor to determine that the petitioner is unable to meet his or her financial obligations in connection with unit operations shall contain:
(a) A description of the petitioner's interest in the unit.
(b) A complete financial statement establishing that the petitioner is unable to meet his or her financial obligations in connection with the unit operations.
(c) The name and address of petitioner's nominee for the committee provided in Section 1821(e) of this subchapter.
(d) A statement of the petitioner's preferences, if any, as to the source of repayment, including any production that may be used as a source of repayment.
(e) A declaration that a copy of the petition has been sent to the unit operator.
1. Amendment filed 10-7-82; effective thirtieth day thereafter (Register 82, No. 41).
2. Change without regulatory effect amending first paragraph and subsection (b) filed 9-3-96 pursuant to section 100, title 1, California Code of Regulations (Register 96, No. 36).
3. Change without regulatory effect amending first paragraph filed 12-26-2006 pursuant to section 100, title 1, California Code of Regulations (Register 2006, No. 52).
Note: Authority cited: Section 3685, Public Resources Code. Reference: Section 3646(b), Public Resources Code.
