Show PERMIT EXTENSION LAW so much interest has been taken in the law recently passed by congress and approved by president coolidge on april 6 giving the department part ment of the interior authority to extend prospecting permits for two years that the following copy of the act taken from the pages of the congressional record is republished so that there may be no misunderstanding of its termes the law as approved reads be it enacted by the senate and house of representatives of the united states of america in congress as sem bled that any oil or gas pros pecking dermat issued under the act entitled an act to promote the mining of coal phosphate oil oil shale gas and sodium on the public do mam approved 25 1920 w extend under the act entitled an act to authorize the secretary of the interior to grant extension of time under oil and gas permits and for other purposes approved jan 11 1922 may be extended by the secretary of the interior for an additional period of two years if he shall find I 1 that he has been unable with the exercise of reasonable dill gence to begin drilling operation or to drill wells of the depth and within the time required by existing laws cr has drilled wells of be depth and within the time required by existing law and has failed to discover ail or gas and desires ta prosecute irose cute further exploration section 2 upon application to he secretary of the interior and subject to valid rights and to the provisions of section 1 of this act any which has already expired because of lack of authority under existing law to make further extensions may be extended for a period of two rears from the date of the passage of this act |