Federal agents raid Basalt drilling office

BASALT — Federal agents with the FBI, IRS and Bureau of Land Management have served a search warrant at the offices of Crystal River Oil and Gas in Basalt.

IRS special agent Karen Gurgel said the action on Tuesday is part of a criminal investigation, but she did not elaborate.

Crystal River Oil and Gas operates 300 oil-and-gas producing wells in six states, with a focus on Texas and Oklahoma. It also has offices in California.

The Aspen Daily News reports no one from the company could be reached for comment Tuesday and no arrests were made.


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