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Tuesday, January 24, 2012 4:06:50 PM
If you do not comply with the new requirements, the Commission will be unable to renew your Organization Report or issue any permits to your organization. Your P-5 will become “Delinquent” and the Commission will begin to sever/seal your leases and wells and will ultimately initiate collection on your financial security.
http://www.rrc.state.tx.us/compliance/hb2259/HB2259-Guidance.pdf
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