020-14 Wyo. Code R. § 14-4
(a) In order to assure and secure performance of the discoverer's obligations, each discoverer shall agree to post a bond for each exploration area. The amount of the bond shall be computed in accordance with the established engineering principles, for accomplishing proper drill hole abandonment and surface restoration in accordance with the standards set out in this Chapter.
(b) The bond amount for any drill holes or any portion of the exploration area may be reduced when the discoverer demonstrates to the satisfaction of the Administrator that drill hole abandonment has been accomplished in accordance with the standards set out in this Chapter. The amount by which the bond is reduced may be returned to the discoverer or applied towards additional drilling. The bond for any drill sites or any portion of the exploration area may be released when reclamation has been completed and the Administrator finds that vegetation has been reestablished. All bonds shall be signed by the discoverer as principal, by a good and sufficient corporate surety licensed to do business in the State, and be made payable to the State of Wyoming.
(c) In lieu of a bond, the discoverer may deposit federally insured certificates of deposit payable to the Department of Environmental Quality, cash or government securities or all three.
(d) The Administrator may accept the bond of the discoverer itself without separate surety when the discoverer demonstrates to the satisfaction of the Administrator substantial compliance with the applicable provisions of Chapter 11, Land Quality Coal Rules and Regulations.
020-14 Wyo. Code R. § 14-4
Amended, Eff. 4/19/2016.