Prospect Energy LLC, a small Denver oil and gas company facing the affects of Fort Collins’ ban on fracking, has reached an operating agreement with the city.
The agreement, approved by the city council Tuesday, gives the city a July 31 deadline to exempt Prospect’s wells, and new wells it wants to drill inside the city, from its frack ban.
That’s also the deadline under the agreement for the city to exempt Prospect’s wells from its temporary moratorium on fracking, said Scott Hall, CEO…
Prospect Energy LLC, a small Denver oil and gas company facing the affects of Fort Collins’ ban on fracking, has reached an operating agreement with the city.
The agreement, approved by the city council Tuesday, gives the city a July 31 deadline to exempt Prospect’s wells, and new wells it wants to drill inside the city, from its frack ban.
That’s also the deadline under the agreement for the city to exempt Prospect’s wells from its temporary moratorium on fracking, said Scott Hall, CEO…