The General Land Office may issue a permit under this subsection if the person seeking the permit furnishes the following information:
(1) a detailed statement giving the reasons and objectives for the excavation, removal, or alteration and the benefits expected to be obtained from the contemplated work;
(2) data and results of any completed excavation;
(3) the prior written permission from the state agency which manages the site of the proposed excavation;
(4) a sworn statement that he will carry the permit while exercising the privileges granted; and
(5) any other reasonable information which the General Land Office may prescribe.