Colorado’s Senate Finance committee voted on 4-3 on March 7 to move Senate Bill 19-181 to the Appropriations Committee, which will hold its hearing on March 8. Meanwhile, opposition to the bill and it quick move through committee emerged.
Dan Haley, president and CEO of the Colorado Oil & Gas Association (COGA), and Tracee Bentley, executive director of the Colorado Petroleum Council (CPC) released a joint statement on March 3 concerning the introduction of the Colorado Senate Bill 19-181.
Here’s a snapshot of energy deals from the past week including a $1.6 billion midstream deal in the Bakken and the closing of Encana’s multibillion-dollar acquisition of Newfield Exploration.
Despite recently being overshadowed by the neighboring San Juan, the Albuquerque Basin is expected to have resource potential in line with higher profile basins such as the Eagle Ford and Bakken shales.
EnerVest Energy has engaged TenOaks Energy Advisors for the sale of certain operated assets in the San Juan Basin in San Juan and Rio Arriba counties, N.M.