Friday, 26 October 2012

Business Buzz 66: CBS Denver: Firm Exploring Drill Sites In Thompson Divide

Business Buzz 66
Business news.....www.businessbuzz66.koolcentre.in,movies news.....www.koolcentre.in
CBS Denver: Firm Exploring Drill Sites In Thompson Divide
Oct 26th 2012, 18:45

CBS Denver
CBSDenver.com - News for Colorado and Denver from CBS4, plus Sports, Weather, Traffic and Top Spots
Firm Exploring Drill Sites In Thompson Divide
Oct 26th 2012, 18:45

ASPEN, Colo. (AP) — An oil and gas company with leases on thousands of acres of public land near Carbondale has applied for a permit to drill wells.

SG Interests has said it is interested in potentially having seven to nine well pads. The Houston-based company says it is performing surveys and other work to determine where it wants to put them.

The lease entitles the company to one well on about 2,000 acres near the Sunlight Ski Area.

The news comes as the Thompson Divide Coalition works to preserve the land. The coalition of ranchers, residents, sportsmen and conservationists in February offered $2.5 million to compensate gas developers for investments on their energy leases in the area.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Media files: oil-drill.jpg?w=300
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