Group offers $2.5M to retire oil, gas leases
A group trying to stop oil and gas development on 220,000 acres west of Carbondale is offering energy companies about $2.5 million to cover their direct investments in undeveloped…
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COMMENTS
Commenting is not available in this channel entry.Encana and Antero Resources… Don’t even think about taking a payoff to shut down gas leases - which my guess is you’re not. You guys know well gas profits are cyclical (production will soar again - and possibly sooner than imagined), JOBS are critical to our state’s economy - and don’t forget… This is an election year! It’s always a bad call to take a payoff - especially in the long run.