A. A well construction permit may be transferred from the permittee to another master well driller provided:
(1) The well has not been completed;
(2) The permit has not expired;
(3) The permittee obtains the Approving Authority's approval to transfer the permit; and
(4) The transferee notifies the Approving Authority in writing of their intention to accept the permit.
B. The transferee shall be responsible for complying with all laws and regulations applicable to the construction of the well.
C. The transferee may not begin well construction before obtaining the permit and well tag from the permittee and receiving the approval of the transfer from the Approving Authority.
D. The Approving Authority shall maintain a separate log of permit transfers.