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Relating to providing for the conservation and prevention of waste of underground water and to protect underground water reservoirs from pollution; defining certain terms; providing for the administration of this Act; providing for registration of water well drillers; authorizing certain rules; providing for an examining panel and prescribing its duties, providing for its organization and meetings, and fixing compensation of members; fixing certain registration, renewal and permit fees; creating a special fund to be known as the "Water Well Drillers' Fund"; making an appropriation; requiring certain bonds; containing a "grandfather clause"; providing for revocation, expiration, renewal, and re-issuance of certificates; providing for judicial review; providing exemptions; requiring water well permits and notices; providing that this Act shall not affect ownership of underground water; prescribing penalties; providing for reciprocity; providing for severability.