The bill amends Section 288.3 of Title 52 of the Oklahoma Statutes, which pertains to the Oklahoma Energy Resources Board. The key change in this legislation is the re-creation of the Board, extending its existence until July 1, 2026, as opposed to the previous termination date of July 1, 2025. This extension ensures that the Board continues to operate under the provisions of the Oklahoma Sunset Law.

The Oklahoma Energy Resources Board is tasked with promoting the significance of the oil and natural gas exploration and production industry in Oklahoma. Its responsibilities include encouraging efficient energy use, advocating for environmentally sound production methods, developing the state's oil and natural gas resources, and supporting research and educational initiatives related to the industry. Additionally, the Board is involved in addressing historical environmental issues associated with oilfield operations.

Statutes affected:
Introduced: 52-288.3