(1) A geothermal tenure holder must, within 12 months after the rig release
day for a geothermal well in the area of the tenure, give the chief executive
a report about the completion of the well (a
"well completion report" ) containing the information stated in schedule 1 ,
section 2.
(2) If the geothermal well is plugged and abandoned on or before
the rig release day for the well, the well completion report must be
accompanied by a well abandonment report for the well.