for constructing, maintaining, drilling, utilizing, and operating an underground gas storage reservoir.
and subject to subsection (f), as a condition precedent to the exercise of the right to condemn any underground stratum, formation, or interest reasonably expected to be used or useful for underground gas storage or for purposes of the carbon sequestration pilot project established under IC 14-39-1, a condemnor first must have acquired by purchase, option, lease, or other method not involving condemnation, the right, or right upon the exercise of an option, if any, to store gas in at least sixty per cent (60%) of the stratum or formation. This must be computed in relation to the total surface acreage overlying the entire stratum or formation considered useful for the purpose.
IC 32-24-5-2
Pre-2002 Recodification Citation: 32-11-4-2.