Sec. 14. To transfer the ownership of a permit for a well for oil or gas purposes, a person must submit the following: (1) A transfer fee of fifteen dollars ($15) payable to the department for each well. However, if an applicant submits more than fifty (50) applications simultaneously, the transfer fee for each application in excess of fifty (50) is ten dollars ($10). (2) The name and mailing address of the seller and buyer on a form prescribed by the commission.
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