Oil and gas leases sold beneath Montana coal mine - ABC FOX Montana Local News, Weather, Sports KTMF | KWYB

Oil and gas leases sold beneath Montana coal mine

Posted: Updated:

BILLINGS, Mont. (AP) - A Wyoming company has purchased federal leases that would allow it to explore for oil and gas beneath the site of a Montana coal mine.
  
The Billings Gazette reported Wednesday that Hoover & Stacy Inc. of Cheyenne paid $23,000 in December for leases totaling 909 acres beneath the boundaries of the Spring Creek Mine near Decker.
  
U.S. Bureau of Land Management spokesman Al Nash says the company would need to obtain a permit before it could proceed with exploration work. He says mining and drilling wouldn't conflict because technological advances allow drilling from locations that are not directly above a lease.
  
Mine owner Cloud Peak Energy objected to the lease sale after a public comment period already had closed.
  
Purchasing a lease does not obligate a company to conduct drilling.
  
___
  
Information from: The Billings Gazette, http://www.billingsgazette.com

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Most Popular

Powered by Frankly

Features

  • More Features
  • Powered by WorldNow
    All content © Copyright 2000 - 2018 Cowles Montana Media. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.