BLM approves oil shale trials

By {screen_name}
Thursday, August 30, 2012

The Bureau of Land Management today approved two leases that will will allow companies to test possible ways of extracting petroleum from the Piceance Basin of western Colorado.

ExxonMobil Exploration Co. and Natural Soda Holdings Inc., will test their technologies that would allow the companies to test technologies to heat solid oil shale underground to release and capture kerogen, a petroleum-like substance.  Each company will have a 160-acre lease in Rio Blanco County about 35 miles southwest of Meeker.

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