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Deadline Approaches For Buy-Out

Noble Basin

Time is running out for an agreement by which The Trust for Public Land can buy out oil and gas leases currently held by Plains Exploration and Production Company in the Noble Basin of the Wyoming Range just south of Jackson.  As of the end of November, the Trust Northern Rockies Director Deb Love says only about 2/3 of the needed funds have been raised. She says contributions have come in from more than 36 states and Hong Kong.  So far, about $5.8-million has been raised through pledges and contributions; but the goal is $8 ¾ million, so Love says there is still quite a way to go. Donations have also come from organizations including the United Steelworkers Union out of Rock Springs, the National Rifle Association, Orvis and various sportsmen’s groups.  Love says PXP is aware of what has successfully been accomplished so far through the grass-roots fundraising, and has been helping in the effort as much as they can.  However, she says the remaining $3-million needs to be in hand by December 30th, or the ability to preserve the area will be lost forever.   Love points out that the Noble Basin is in Jackson’s back yard and many locals recreate there.  Currently, only a two-track road goes into the area, but if it is developed for oil and gas, she says there will be 136 new natural gas wells accessed by 29 miles of new roads. Between now and the end of December, Love says volunteers will be contacting local organizations, there will be an aggressive advertising campaign and fundraising activities are being planned in hopes of meeting the deadline.

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