Home » Jackson Hole »State of Wyoming »Sublette County »Teton County » Currently Reading:

Still Short For PXP Buy-out

December 28, 2012 Jackson Hole, State of Wyoming, Sublette County, Teton County No Comments
noble basin

The money to buy out oil and gas leases in the Noble Basin area of the Wyoming Range is still not in place.  Three days before the deadline to consummate the deal, the Trust of Public Land is still a little over a half-million dollars short of the $8 ¾-million pricetag agreed by Plains Exploration and Production for the 58-thousand acre area and its mineral leases.  Still, the organization’s Rocky Mountain Regional Director Deb Love says they are not giving up.  Love says people have worked too hard for too long in efforts to save the area, and the effort is so close that with the help of a few more people doing whatever they can, the purchase can be made.  Most of the acreage is located within the Bridger-Teton National Forest and includes migratory routes for mule deer, antelope and elk. Love says if developed, PXP would drill about 136 wells from 19 drill pads in the area, and create miles of access roads to reach them.  She says over eight million dollars toward the goal was raised in 90 days and even with only three days left to complete the fundraising, she says she remains optimistic about the buy-out.

Comment on this Article:

LOST CREEK RANCH AND SPA WEBCAM

Quake List

Archive

Weather Alerts

Wyoming News

  • Lexus makes a darn fine off-road SUV - April 21, 2014
    When you think about the absolute best off-road SUV, the first name that comes to mind is probably not Lexus. But Lexus has one that might change your opinion. I drove an absolutely incredible SUV a few weeks ago. The LX570 is a Lexus, so it had all the fancy bells and whistles you’d expect […]
  • Warmer on Friday, But Showers & Thunderstorms Are Expected For Parts of Wyoming - April 18, 2014
    Temperatures will be warm today, with highs mostly rising to the 60′s and 70′s statewide (slightly cooler across the western valleys and higher terrain).  Expect rain showers and thunderstorms to move into the western third of the state, while the rest of Wyoming see sunshine into this afternoon.  Scattered rain showers and pop-up thunderstorms will […]
  • A lunar eclipse, and me without my camera - April 18, 2014
    Monday night, or more accurately early Tuesday morning, there was a total lunar eclipse. And being the experienced nature photographer I am, you’d think I was ready with my camera. But you’d be wrong. The last total lunar eclipse visible in Wyoming was way back in 2009, if I’m not mistaken. So I’ve been looking […]
  • Enzi Opens Campaign HQ in Cheyenne - April 17, 2014
    U.S. Senator Mike Enzi opened his official campaign headquarters in Cheyenne on Wednesday. Wyoming’s senior senator is seeking his fourth term in the Senate. There were rumors last year that Enzi would retire at the end of his current term and he admits it is something he thought about. “Anytime anybody’s getting ready to go […]