The application shall be approved by the Oil and Gas Commission if it determines from the application and such investigation as it may deem proper:
(1) That the location of the proposed discovery well is not within the geographical confines of a known producing oil field; and
(2) That the application has complied with the provisions of this subchapter and all rules of the commission in respect thereto.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 6 - Oil, Gas, and Brine
Chapter 72 - Oil and Gas Production and Conservation
§ 15-72-702. Bonus for discovery of oil pool
§ 15-72-703. Application for permit to drill discovery well
§ 15-72-704. Approval of application