Cancellation because of failure to produce

4:01:01:12. Cancellation because of failure to produce. After the primary term of an oil and gas lease where a lease is bound by production, the lease will be canceled unless the lessee shall commence a new well on the lease or resume commercial production from the existing well within 90 days, unless a temporary abandonment has been issued pursuant to § 52:02:04:03. Source: 2 SDR 36, effective November 17, 1975. General Authority: SDCL 5-7-23, 5-7-37. Law Implemented: SDCL 5-7-23.