Now that a final tally of votes is complete, it’s clear that the highly contested ballot proposal that would have imposed a chokehold 2,500-foot setback rule on new oil and gas drilling in Colorado was closer to being adopted than the initial vote count indicated immediately after the election. According to the Colorado Secretary of State’s Nov. 28 update of
Colorado oil and gas companies breathe a sigh of relief – and their share prices respond Turns out DCP Midstream CEO Wooter van Kempen’s ‘glass more than half full’ philosophy was prophetic. During his company’s Q3 conference call yesterday van Kempen made multiple predictions as to the fate of 112 and he repeated his faith in Colorado voters in response
Colorado ballot count tops 2 million at 2:33 p.m. on election day Graphic: Colo. Sec. of State DCP Midstream (ticker: DCP) is one of the one of the largest producers of natural gas liquids and one of the largest natural gas processing companies in the U.S. DCP has significant gathering and processing operations in the DJ Basin in Colorado. The
Midstream constraints impact DJ results PDC Energy (ticker: PDCE) announced third quarter results today, showing net losses of $3.4 million, or ($0.05) per share. PDC produced about 110 MBOEPD in Q3, up 21% from last year and up 6% sequentially. This is slightly below expectations, due to constraints in the DJ Basin. PDC reports the Delaware produced above expectations, however,
Colorado voters could set a mid-term record Here’s how the ballot count breaks down before polls officially opened on election day, according to the Colorado Secretary of State’s ballot count report as of 12:34 a.m. Nov. 6, 2018: DEMOCRAT BALLOTS RECEIVED: 625,650 – 34% REPUBLICAN BALLOTS RECEIVED: 618,922 – 33% UNAFFILIATED BALLOTS RECEIVED: 584,560 – 32% GRAND TOTAL RECEIVED: 1,853,103
From CNN Business New York – Colorado’s flourishing oil industry could be dealt a powerful blow on Tuesday by voters worried about the safety and environmental side effects of the shale boom. Proposition 112 calls for banning oil and gas companies from drilling any wells within 2,500 feet of occupied buildings, water sources and other “vulnerable” areas. If approved, the
With 1.5 million ballots turned in, the split between the Yes and No vote in an ‘Educated Guess Scenario’ for Prop 112 has closed to two-tenths of one percent The Colorado Secretary of State published the latest ballot count this morning, with two days left to vote. 1.5 Million Ballots are In: Fate of Colorado Oil & Gas Development Will
From Denver CBS4 Colorado Governor John Hickenlooper isn’t ruling out calling a special legislative session if a statewide anti-fracking ballot measure passes next week. Proposition 112 may be the most controversial measure on the ballot this year. The Colorado Oil and Gas Conservation Commission says it would ban fracking in most parts of the state by requiring a half mile buffer between
Ballots counted are rising: Colorado Sec. of State reports 801,000 ballots have been received to date – Dems and Republicans close gap to within 1,000 of one another – one week remains With only one week to go before final results are tallied, the Colorado Oil and Gas Conservation Commission’s (COGCC) regular meeting on Oct. 29 provided a public platform
From Channel 7 ABC Denver DENVER – The Colorado Oil and Gas Conservation Commission (COGCC) will hold its final meetings this week, and it will look at dozens of oil and gas drilling applications set to be approved. Supporters and opponents of Proposition 112 turned Monday’s public comment session into a political rally, with both sides presenting their arguments to
If Proposition 112 passes and Jared Polis is elected governor, what might be in store for Colorado oil & gas development in the years ahead? If Colorado voters follow suit with the results of a recent University of Colorado-backed online poll, a long-lasting and painful punch could be landed directly on the jaw of Colorado’s oil and gas industry in
Both sides of 112 are advertising on Spotify as ballots are being delivered The advertising messages to vote ‘No on Prop 112’ are everywhere you look and listen on Denver area TV and radio. The stakes are high for the oil and gas industry and its workers if Proposition 112 passes. Proposition 112 is the 2018 citizen-initiated ballot initiative backed
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