|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Wed, 22 Feb 2012 07:39:41 -0800 (PST)|
|Subject:||[CPEO-MEF] FORMER SITES: Oil & Gas drilling at the former Lowry Range (CO)|
Bill would imperil bonanza for Colorado By Vincent Carroll Denver Post Columnist (CO) February 22, 2012The Colorado State Land Board is set to approve a deal with ConocoPhillips next month that would boost state coffers by $137 million - and that's just for starters.
The company would also pay the land board 20 percent in royalties once the lease at the old Lowry bombing range in Arapahoe County produces oil and gas, instead of the standard royalty of 16.7 percent.
In fact, board director Bill Ryan tells me, the overall lease is "far more restrictive than anything we've done before" - and perhaps "more restrictive than any other lease that's been done in the state.
... For the entire column, see http://www.denverpost.com/carroll/ci_20013939 -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <email@example.com> http://www.cpeo.org _______________________________________________ Military mailing list Military@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/military-cpeo.org
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