353.030 Nonproductive well, when lease or contract satisfied by

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KY Code › Title XXVIII › Chapter 353 › Section 353.030

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

353.030 Nonproductive well, when lease or contract satisfied by.

The drilling of one (1) nonproductive well constitutes compliance, for a period of twelve

(12) months after its completion, with any lease or contract requirement that a well be

drilled within a certain period. At the expiration of such twelve (12) months' period

another well shall be commenced or else rentals shall be renewed according to the terms

of the lease or contract, and if the lessee fails to commence a well or pay the rentals the

lessor may avoid the lease or contract.

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